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Czech central bank's Mora sees up to one hike in 2019, pause in March


Reuters


PRAGUE, March 19 (Reuters) - Czech central bank Vice-Governor Marek Mora sees up to one interest rate increase in 2019 although the next move will not come when policymakers meet this month, he was quoted as saying on Tuesday.

"I see the Czech National Bank's existing assumption of zero to one rate increase this year as the most likely scenario, and I don't think that one potential hike will happen at the next meeting," Mora said in an interview with Bloomberg news agency.

"I don't want to raise interest rates until I have more clarity on whether we're currently experiencing a mere slowdown and returning to some healthy, sustainable growth, or if it's early signs of a future recession," he said, adding he advocated a cautious approach.






This article appears in: Politics , Stocks , World Markets




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