Page 2 - Peter Laca News Today

After Russia’s February 24, 2022, re-invasion of Ukraine, all eyes turned to the brutal spectacle of Europe’s largest war since 1945. Yet, Russia’s ill-fated

Interview of Marek Mora, Deputy Governor By Krystof Chamonikolas and Peter Laca (Bloomberg 18. 1. 2023) Czech policy makers should raise interest rates further to cool the overheating labor market and underscore their commitment to fighting...

We are about to commence an adjustment period that I fear will shake us to the core. Is there an end in sight? Click here to find out.

(Bloomberg) — Poland and the Czech Republic are poised to drive borrowing costs up further to curb quickening inflation, even as they begin to send diverging…

(Bloomberg) -- Initial data from South Africa, the epicentre of the outbreak of the omicron variant, don’t show a resulting surge of hospitalizations. “Thus far, it doesn’t look like there’s a great degree of severity to it,” Anthony Fauci, U.S. President Joe Biden’s chief medical...

A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in the Czech Republic

Czech Rate-Hike Forecast Is Too Steep for Central Banker Benda Interview of By Krystof Chamonikolas and Peter Laca (Bloomberg 26. 4. 2021) The Czech Republic will probably raise interest rates fewer times this year than official projections show because of the lingering impact of the pandemic, according to central bank board member Vojtech Benda. The economy must return to a “long-term, sustainable growth trajectory” before the timing of monetary-policy tightening can be debated, Benda sai...

Czech rate setter Michl says bets on summer hike may be premature Interview of Krystof Chamonikolas and Peter Laca (Bloomberg 16. 3. 2021) The Czech economy has been “surprisingly resilient” against one of the world’s worst coronavirus outbreaks, but market expectations of an interest-rate increase this summer may be premature, a central banker said. With most shops and services closed since late December under a virus lockdown, private savings have surged and are likely to help fuel a r...