(Bloomberg) -- The Czech central bank probably will
raise its benchmark interest rate by a quarter-point to the
highest in almost five years to curb accelerating inflation, a
survey of economists shows.
The bank's seven-member board will lift the 14-day repurchase
rate, now the lowest in the European Union, to 3 percent today in
the second increase this year, according to 21 of 23 economists in
a Bloomberg survey. Two forecast no change. The Prague-based
central bank typically announces its decision around noon.
Read more at Bloomberg Currencies News
raise its benchmark interest rate by a quarter-point to the
highest in almost five years to curb accelerating inflation, a
survey of economists shows.
The bank's seven-member board will lift the 14-day repurchase
rate, now the lowest in the European Union, to 3 percent today in
the second increase this year, according to 21 of 23 economists in
a Bloomberg survey. Two forecast no change. The Prague-based
central bank typically announces its decision around noon.
Read more at Bloomberg Currencies News
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