Czech central bank holds rates
The Czech National Bank decided on Thursday to keep its benchmark interest rate at 3.25%.
The rate-setting board voted unanimously in favour of the decision.
Upside risks could affect the headline inflation forecast, but risks to the monetary policy-relevant inflation forecast are on the downside. The central bank listed the main risks as:
tax changes and faster-than-expected growth of regulated prices;
faster-then-expected growth of food prices
a drop in market expectations of the one year euro
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