The Governor of the Czech National Bank, Ale Michel, said that the future of the Czech economy is bleak.
nThe President of the Czech National Bank in a meeting with Governor Ali Michel, despite high inflation, the highest in decades Didn’t like the bite rate, which is therefore equal to seven percent. Economov will keep interest rates at half their equivalent, but the reason was the insight of the National Bank, which Michel gave at the press conference. The Central Bank looks at the development of the Czech economy. The governor announced that the economy will enter a recession, which will also be accompanied by higher inflation.
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