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Jan Newbie discusses CNB exchange rate obligations and rigid labor market policies in relation to falling inflation rates in the Czech Republic
CNB and governments have nothing to complain about (CNB exchange rate obligations, governments – rigid labor market, migration policy…). The fact that year-on-year inflation fell to 11% compared to last May (when inflation was already 16%) is not a win, but rather a loss. Who is really to blame for this loss? Citizens of CR with the right to vote.