Czech c.bank split 5-2 in decision to hold rates

25.10.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Five members of the Czech central bank (CNB) board voted to hold interest rates at a monetary policy meeting on Thursday, with the two remaining...

...members voting for a 25 basis point hike, the CNB said on Thursday.

The CNB board decision kept the main two-week policy repo rate at a five-year high of 3.25 percent, after 150 basis points worth of hikes between October 2005 and August 2007 aimed at containing price pressures in the booming economy.

[PRAGUE/Reuters/Finance.cz]

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