LONDON: The Czech central bank has warned it may have to raise borrowing costs if home-grown inflation risks escalate, calling investors' bets on monetary easing 'premature.' The koruna gained. Policy makers kept the benchmark rate at 7% on Wednesday, but the vote was tighter than before, with three out of seven board members seeking a quarter-point increase. Governor Ales Michl said the current policy setting was already taming domestic demand, pointing to slowing credit growth and a cooling property market.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-05-05-story-h-271540835-Czechs_warn_rates_may_rise_on_inflation

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