Czech c.banker-chances rise next rate move a hike

18.04.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, April 18 (Reuters) - Latest economic data have been rather pro-inflationary and the next interest rate move is likely to be a hike,...

...Czech central bank (CNB) Governor Zdenek Tuma said on Wednesday.

"These shifts have been slight but for me this confirms that the next move will be rather upwards," he told reporters.

Low inflation and neutral central bank communication over the past weeks have led market watchers to predict that CNB policymakers would hold off on a further interest rate hike until at least July [CNB/INT].

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