In an interview with Wall Street Journal published March 20th, 2013 entitled Q&A with Czech Central Bank Governor Miroslav Singer we find out three basic things:
Miroslav Singer from CNB (photo courtesy ecb.int)
1. The Czech National Bank seems to be more worried about deflation than inflation
2. Czech consumers have a very good debt to income/savings ratio
3. The Czech National Bank feels that we are at the bottom of the cycle but how long it will last is hard to determine
Other than that Miroslav Singer successfully avoided answering more pointed questions which would give us more of an indication of the CNB’s next moves.
Updated/Aktualizováno: July 22, 2014,
