Czech c.bank starts meeting, policy not on agenda

12.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Oct 12 (Reuters) - The Czech central bank's policymakers started a regular weekly meeting on Thursday but no monetary policy decisions were on the agenda, a bank spokeswoman said in a brief statement without giving any further details.

The central bank is next officially scheduled to review policy on Oct. 26.

The bank raised its main policy rate by a quarter of a percentage point to 2.50 percent last month to keep price pressures under wraps amid a revival in consumer spending and fiscal loosening in the booming economy.

Financial markets have bet on one more similar rate increase before the year-end. ((Reporting by Jan Lopatka, editing by ; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474))

Keywords: ECONOMY CZECH CBANK

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Články ze sekce: Zpravodajství ČTK