Czechs Resume Rate Cuts on Slowing Inflation and Sluggish Growth
Czech central bankers resumed interest-rate cuts, betting that inflation will keep moderating amid sluggish economic growth.
Policymakers in Prague lowered the benchmark rate to 3.75% from 4% on Thursday, as expected by all but one economist polled by Bloomberg. Governor Ales Michl will comment on the decision and present the bank's fresh forecasts at a 3 p.m. news conference.
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