Moody’s says Czech Republic will not to be badly hit by changes in Fed policy

Moody’s bond credit rating agency has announced that of all the Central European countries, the Czech Republic and Slovakia are the least vulnerable to the adverse effects of the change in monetary policy of the American Federal Reserve. The agency expects that after the Fed limits its monetary stimulus policy, financial liquidity problems will arise in other countries, forcing interest rates to rise. The most vulnerable Central European country in this situation would be Hungary.

Author: Masha Volynsky