Czech Policymaker Touts Inflation Buffer to Shield Oil Shock

Czech Policymaker Touts Inflation Buffer to Shield Oil Shock

The Czech central bank can wait out a global surge in oil prices without raising interest rates because inflation will likely stay under control even with higher fuel costs, according to board member Jan Kubicek.

(Bloomberg) The Czech central bank can wait out a global surge in oil prices without raising interest rates because inflation will likely stay under control even with higher fuel costs, according to … [+5042 chars]