đź’¨ Abstract
On May 7, 2025, the Czech Republic's central bank reduced its key interest rate by 0.25% to 3.50% due to lower-than-expected inflation, which decreased to 1.8% year-on-year, the lowest in seven years. This cut is one of several since December 2023 aimed at boosting the economy, which grew by 1% in 2024.
Courtesy: wtop.com
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