Czech c.bank voted 4-1 to hold interest rates

...monthly policy meeting.

It said the one dissenting board member voted for a 25 basis point hike in the key two-week repo rate, which stands at 2.75 percent since a 25 basis point tightening last month.

Two members of the 7-seat board were not present at the monthly policy meeting.

The bank said risks to its April quarterly inflation forecast were on the pro-inflationary side and that both present and expected price pressures form the real economy have risen.