Czech central bank chief says room for relaxed policy certainly not exhausted

November 30, 2015 10:39 AM

18 0

PRAGUE Nov 30 The Czech economy is certainly not overheating despite fast growth this year and the room for stimulating domestic demand through monetary policy has not been exhausted, central bank Governor Miroslav Singer said in a blog post on Monday.

Singer said the economy was around the middle of the economic cycle as seen when comparing the situation before and during the 2009 start of the last large recession from the point of view of the labour market, core inflation, and companies' perception of barriers to their expansion.

Also read: Central Bank Chief Says Canada Can Handle More Infrastructure Investment

Read more

To category page