PRAGUE, May 4 (Reuters) - Czech central bank board
members wanting an interest rate hike at Wednesday's policy
meeting saw fiscal policy as one of the arguments, along with
wage pressures and concerns about inflation expectations, for
tightening, rate setter Karina Kubelkova said on Thursday.
She told a meeting with analysts, shown on the bank's
website, that one scenario of the bank's updated outlook
combined keeping rates unchanged for longer rather than
declining late this year and elevated inflation expectations,
resulting in inflation not being on target next year.
"This scenario was one of the main arguments for those who
were for hiking," she said.
(Reporting by Jan Lopatka and Robert Muller)
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.