Thu, 01 Jan 1970 01:00:00 +0100Fri, 24 Jul 2026 20:10:32 +0200https://english.radio.cz/economist-domestic-trends-also-blame-czechias-high-inflation-rate-8749740© 2026 Radio Prague International The Czech National Bank (ČNB) has chosen to raise interest rates by 0.75 percentage points to 5.75 percent, the highest rate since 1999. The hike is also slightly higher than most analysts expected and some have even warned of a stagflation effect as high interest rates may cripple economic growth. To find out whether these concerns are justified, I spoke to Vít Hradil, the chief economist at the investment firm Cyrrus, and began by asking him whether he was surprised by the ČNB’s decision. encr@radio.cz (Cesky Rozhlas)webmaster@radio.cz (CRo Webmaster) https://english.radio.cz/sites/default/files/images/b5f998ed5fb4103e231ee45858cccdab.jpg?timestamp=1672830181 https://english.radio.cz/economist-domestic-trends-also-blame-czechias-high-inflation-rate-8749740 Radio Prague International Radio Prague International radio.prague.int@gmail.com clean 0 1 2 3 4 5 6 7 8 9