PRAGUE, Feb 2 (Reuters) - A strong Czech crown is very
important for the central bank to help it fight against
inflation, and interest rates will remain higher than the market
has priced in, central bank Governor Ales Michl said on Thursday
after the bank held interest rates flat at 7.00%.
The bank signalled rate stability ahead for an unspecified
period. It also said it would be ready to hike rates if risks to
the forecast materialised.
The market has priced in a decrease in rates by nearly 150
basis points on one-year horizon, according to forward rate
agreements earlier on Thursday.
(Reporting by Jan Lopatka and Robert Muller; Editing by Alison
Williams)
Messaging: jan.lopatka.thomsonreuters.com@reuters.net))
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