Czech central banker Kubicek: current rate setting should be enough -newstream.cz

Kitco Media
By Reuters
Published:
Updated:
Reuters
PRAGUE, March 7 (Reuters) - The Czech National Bank's current interest rate setting should be enough to bring inflation down this year as long as wages do not fundamentally accelerate or the crown weakens to unexpected levels, new board member Jan Kubicek was quoted as saying on Tuesday. In an interview with news website newstream.cz, his first since joining the board last month, Kubicek also said he expected inflation could fall to between a rate of 6-8% in December before easing more next year.
(Reporting by Jason Hovet; Editing by Andrew Heavens)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.