Czech cbank says will not act "hastily" on policy

PRAGUE, Dec 8 (Reuters) - The Czech central bank board agreed that risks to its inflation forecast are on the downside, but this may be due to transitory anti-inflationary shocks and it should not react "hastily" on policy, minutes from the bank's Nov. 30 policy meeting showed on Friday.

The minutes showed the bank board, which voted unanimously to hold interest rates steady, sees no major risks to its forecast of 5.4 percent GDP growth in the fourth quarter given recent economic data.

October inflation hit a near 1-1/2-year low of 1.3 percent, outside the central bank's target range of one percentage point either side of three percent. The minutes re-iterated this was 0.3 percentage points lower than forecast.

((Reporting by Alan Crosby; prague.newsroom@reuters.com; Reuters Messaging: alan.crosby.reuters.com@reuters.net; +420 224 190 477))

Keywords: CZECH CBANK/