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PRAGUE — The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after keeping the rate unchanged at its previous policy meeting in December.

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, lowered its benchmark rate by a quarter percentage point to 2.75% on Jan. 30.

PRAGUE (AP) — The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after keeping the rate unchanged at its previous policy meeting in December ...