Czech National Bank

Two-Week Czech Repo Rate of 1.0% Retained

February 4, 2010

The Czech National Bank as expected and by a unanimous 6-0 vote made no changes in monetary policy today.  A statement from monetary officials projects headline and policy-relevant consumer price inflation near its 2% target during the coming 1-2 years.  After dropping 4.3% last year, real GDP is expected to advance 1.5% this year and [...] More