Czech c.bank board voted 5-2 for 25 bps rate hike

29.11.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech central bank (CNB) board voted 5-2 on Thursday in favour of raising key interest rates by 25 basis points, with the two dissenters...

...voting for no change in policy, the CNB said.

The CNB added in a statement that the risks to the bank's inflation forecast were slightly anti-inflationary.

The hike brought the two-week repo rate to 3.5 percent, its highest level in nearly 5-1/2-years . (Reporting by Marek Petrus; editing by Alan Crosby)

Keywords: CZECH RATES/CBANK

[PRAGUE/Reuters/Finance.cz]

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