...Niedermayer said on Wednesday.
"Expectations (in the market) are apparently set for a further firming (of the crown) but it is difficult to find economic mechanics explaining why the crown should continue firming," Niedermayer told a news conference.
He added the bank's implied interest rate trajectory would be "markedly different" if a quarterly inflation outlook was drafted now, compared with the bank's standing forecast from October, given anti-inflationary factors.
[PRAGUE/Reuters/Finance.cz]