# Czech interest rates already at high level, central bank governor says
Published: 2022-09-05
Category: Headlines
Category URL: https://assetdigest.com/category/headlines/
URL: https://assetdigest.com/czech-interest-rates-already-at-high-level-central-bank-governor-says/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qsx4iq004fwirg99umbncl/images/2022-09-05t065501z1lynxmpei8405ertroptp4czech-cenbank-1737054131286-compressed.jpg)

PRAGUE (Reuters) – Czech interest rates are already at a high level that is dampening domestic demand pressures, central bank Governor Ales Michl said on Monday.

Michl said in a series of Twitter posts that three necessities were needed for reducing inflation: reducing state debt; preventing a wage inflation spiral; and keeping and stabilising interest rates at a higher level that what was seen in the past 10 years.

(Reporting by Jason Hovet)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---