Rate Hikes To Wait As Inflation Remains Benign

September 2010
Emerging Europe Monitor: Central Europe & Baltic States;Sep2010, Vol. 17 Issue 9, p6
Country Report
The article offers information on the benchmark policy rate of Czech National Bank (CNB) which will be keep on hold until 2011 due to inflation and uncertainty in the economy in the European Union countries. Governor Miroslav Singer mentions that there is no need to implement a tight policy in the central bank concerning the consumer price inflation (CPI). It states that the outlook towards the CPI in Czech Republic is seen with the increase in the pressures of inflation due to auestrity.


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