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CNB Bank Board leaves interest rates unchanged as expected.
(From Czech News Agency)
(adds info from press conference in para 3-7)
PRAGUE, Dec 17 (CTK) - The Bank Board of the central bank CNB left interest rates unchanged at its session today, spokesman Pavel Zubek told CTK.
Analysts had predicted such a decision. They said the governing board will leave the rates at a record low of 2 pct until the second quarter of next year.
The rates were the only topic on the agenda of the board's meeting, CNB vice-governor Oldrich Dedek said at a press conference after the meeting.
Prices in the economy are growing faster than CNB's forecast has said. This is mainly because of a growth in food prices …
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