...developments at present, Czech central banker Vladimir Tomsik said on Friday.
"There is no specific link of the present developments in the mortgage markets in the West with the present development of interest rates in the Czech Republic," Tomsik said on a morning talkshow on the Czech public TV.
He said central bank (CNB) policymakers were focusing on the outlook for inflation in the next 12-18 months and analysing domestic monetary conditions when setting interest rates.
Policymakers next meet on Aug. 30 and investors have been uncertain whether board members see inflation pressures strong enough to warrant a second rate rise in as many months after July's quarter point hike in the policy rate to 3 percent.
[PRAGUE/Reuters/Finance.cz]