Czech Rates to Stay Put as Policymakers Lean on Inflation Buffer

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Czech policymakers are poised to keep interest rates on hold as inflation running below target provides a cushion against the immediate impact of surging oil costs. The central bank will keep the benchmark at 3.5% for a seventh meeting on Thursday, according to all analysts in a Bloomberg survey. Before the war in Iran erupted, officials had discussed potential cuts after headline price growth eased to the slowest pace in about a decade, but the Middle East turmoil pushed market expectations in the other direction.