Czech cbank keeps rates on hold,as expected by mkt

...with market expectations, taking comfort from low inflation in the booming economy.

Policymakers held the main two-week repo rate at 2.50 percent , the lowest level in the European Union and now a record 125 basis points below the euro zone equivalent.

A CNB spokeswoman confirmed the central bank would hold a news conference at 3:30 p.m. (1330 GMT) to elaborate on the rate decision and release a quarterly update to the banks inflation and economic growth projections for up to 18 months ahead.