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The Independent UK
The Independent UK
National
Via AP news wire

Czech central bank cuts key interest rate to 3.5% as inflation drops more than expected

Inflation Donald Trump Czech Republic

The Czech Republic’s central bank cut its key interest rate again on Wednesday, with lower-than-expected inflation.

The cut brought the interest rate down by a quarter of a percentage point to 3.50%. The bank had kept the rate unchanged at its previous policy meeting in March.

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