Bloomberg News

Singer Still Sees Czech Disinflationary Risks, Mlada Fronta Says

June 20, 2012

Czech central bank Governor Miroslav Singer reiterated he sees prevailing anti-inflationary risks in the economy, Mlada Fronta Dnes reported, citing an interview.

Singer and Vice Governor Vladimir Tomsik sought a quarter- point cut in borrowing costs at the last monetary meeting on May 3, while four board members voted to keep the main rate at a record-low 0.75 percent and one policy maker voted for a quarter-point increase.

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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