Czech central bank Governor Aleš Michl says the argument for raising interest rates in June has strengthened as the central bank weighs inflation pressures. Michl indicates that although some global cost pressures linked to an energy shock may ease, risks affecting the Czech economy persist and may call for tighter monetary conditions. He characterizes a June move as a “real possibility,” saying the central bank’s case for a rate hike is stronger than before. The comments come ahead of the June rate decision, with Michl speaking in an interview with Bloomberg News about a week before the meeting. According to the reporting, Michl’s assessment centers on the need to contain inflationary pressures and to respond to both external and domestic factors affecting price dynamics. Overall, the outlets present the governor’s position that a June rate increase is increasingly plausible given the inflation outlook and the balance of risks to economic conditions.