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Czech Policy Maker Zamrazilova Opposes Rate Cuts, Dow Jones Says

Oct. 7 (Bloomberg) -- Czech central bank board member Eva Zamrazilova said she is against a further reduction in the bank’s benchmark interest rate from the record low of 0.75 percent, Dow Jones reported.

Zamrazilova, who had voted for higher borrowing costs for a year before the last policy meeting Sept. 22, prefers a wait-and-see monetary approach, Dow Jones reported.

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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