Janáček, Kamil; Zamrazilová, Eva - In: Prague Economic Papers 2002 (2002) 2
has stopped to be a threat of macroeconomic stability since the last quarter of 2001. Therefore, the Czech monetary policy … could follow the overall world trend in basic rate cuts, the appreciating Czech currency being, however, very reluctant to … monetary policy steps. The slowdown in Western Europe was felt predominantly in the Czech industry, which was very sensitive …