Czech central bank keeps rates flat, as expected

25.01.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech central bank (CNB) left interest rates on hold at a policy meeting on Thursday, in line with analysts' forecasts that subdued...

...inflation and the strength of the crown would delay interest rate hikes.

The bank gave no comment on its decision but has called a news conference for 3.30 p.m. (1430 GMT), where it will also present a quarterly update to its inflation forecast, the key driver for monetary policy decisions.

The key two-week repo rate stands at 2.50 percent. The last change was a 25 basis point tightening in September.

[PRAGUE/Reuters/Finance.cz]

Autor článku

 

Články ze sekce: Zpravodajství ČTK