Czech c.bank ends meeting, makes no announcement

05.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Oct 5 (Reuters) - The Czech central bank's policymakers ended a regular weekly meeting on Thursday, a bank spokesman said in a brief statement without making any further announcement.

The session had no monetary policy decisions on its agenda as expected. 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 week 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 Marek Petrus; Editing by Alan Crosby; Reuters Messaging: rm://marek.petrus.reuters.com@reuters.net; e-mail: prague.newsroom@reuters.com or marek.petrus@reuters.com; Tel: +420 224 190 477))

Keywords: ECONOMY CZECH CBANK

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