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The Independent UK
The Independent UK
National
Via AP news wire

The Czech central bank again cuts a key interest rate as inflation stays low and economy recovers

Inflation Economy Czech Republic
Copyright 2023 The Associated Press. All rights reserved

The Czech Republic’s central bank on Thursday cut its key interest rate for the fifth time in a row as inflation remains low and the economy is showing signs of recovery.

The cut, which had been predicted by analysts, brought the interest rate down by a half-percentage point, to 4.75%.

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