register now for free unlimited access to reuterscom register czech crown coins are seen in front of a displayed logo of czech central bank cnb in this picture illustration taken april 1 2017 reutersdavid w cernyillustration prague sept 5 reuters  czech interest rates are already at a high level that is dampening domestic demand pressures central bank governor ales michl said on monday michl said in a series of twitter posts that three necessities were needed for reducing inflation reducing state debt preventing a wage inflation spiral and keeping and stabilising interest rates at a higher level that what was seen in the past 10 years