Czech Central Banker Says Risks May Warrant Rate-Cut Pause
- Vice governor says she’s considering holding steady Nov. 7
- Zamrazilova sees room for more easing but timing is key
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The Czech economy is confronting a series of potential inflationary risks that warrant a consideration of pausing interest-rate cuts, a top central banker said.
Vice Governor Eva Zamrazilova said she’ll weigh whether to keep the benchmark rate unchanged at the Nov. 7 meeting or to back another quarter-point reduction. While several rate setters, including Governor Ales Michl, have urged caution on further policy easing, Zamrazilova is the first board member to consider a no-change on rates as early as the next meeting.