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Czech Economy No Threat to Inflation Goal, Zamrazilova Tells CTK

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Nov. 16 (Bloomberg) -- The latest Czech economic data are not endangering the central bank’s efforts to keep inflation at around its 2 percent target, the CTK newswire reported, citing board member Eva Zamrazilova.

The central bank has “already done really a lot” to improve the economic situation, the CTK quoted Zamrazilova as saying. Zamrazilova has voted against all three interest rate cuts that brought the main rate to 0.05 percent this year.

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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