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Czech Republic: Monetary Easening Not an Option for CNB
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Published: October 29, 2013; 19:01 ♦ (Vindobona)
Improper exit policy could cause currency swings or inflation, according to expert.
Czech Republic: Monetary Easening Not an Option for CNB / Picture: © Vindobona.org
In an interview with Reuters, Kamil Janacek, board member of CNB (Czech National Bank), pointed out that the majority of the board members of the state bank had no intention of using instruments to easen the monetary policy. However, the sale of Czech crowns was among the debated topics since inflation has dropped significantly and there were only few options left.
"The problem…
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