TITLE

Further Tightening Ahead

PUB. DATE
September 2007
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Sep2007, Vol. 14 Issue 9, p1
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports on the interest rate increase imposed by the Czech National Bank (CNB). The CNB increased its benchmark interest rate during its monetary policy meeting on July 26, 2007. The interest rate increase was voted unanimously by the monetary policy council. The factors that contributed to the interest rate increase are mentioned. Further increase in interest rate is expected with potential risks of an additional 25 basis point hike.
ACCESSION #
26560686

 

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