Tuesday, May 22, 2007

Czech Central Banker Says He Wants More Data to Justify a Rate Increase

(Bloomberg) -- Accelerating growth and household
demand in the Czech Republic may not necessarily lead to a
pickup of inflation, allowing the central bank to hold off
raising interest rates, a policy maker said.

Robert Holman, one of seven members who decide on interest
rates, told reporters in Prague today that he would wait with
any change in the European Union's lowest borrowing costs until
a new inflation forecast comes out in July.


Read more at Bloomberg Emerging Markets News

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