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Czech central bank chief: bringing inflation down is priority -paper

FILE PHOTO: Czech Crown coins are seen in front of a displayed logo of Czech central bank (CNB) in this picture illustration

PRAGUE (Reuters) - Czech National Bank Governor Ales Michl reiterated that bringing inflation down is a priority, while various effects of possible further interest rates increases need to be considered, he said, in an op-ed piece published on Monday.

The central bank has raised its main interest rate by 675 basis points over the past year to 7.00% amid rapidly growing prices. Michl, who took his post at the helm on July 1, opposed the policy tightening.

(Reporting by Robert Muller; Editing by Muralikumar Anantharaman)

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