Czechs May Need Higher Interest Rates, Zamrazilova Tells Reuters

The Czech central bank should increase interest rates if inflation continues to exceed central bank forecasts, Reuters reported, citing policy maker Eva Zamrazilova.

Zamrazilova probably won’t vote for higher rates at the Feb. 2 policy meeting without the support of other board members, though she will back policy tightening in March if the January inflation rate is above forecasts by the central bank and the market, Reuters cited Zamrazilova as saying in an interview.

To contact the reporter on this story: Peter Laca in Prague at placa@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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