Eva Zamrazilova News
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Milos Zeman’s victory in the Czech Republic’s presidential election sets up a clash with the government over its economic program aimed at cutting the budget deficit in the midst of a recession.
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The Czech Republic’s first direct presidential election threatens to usher in a leader who will clash with Premier Petr Necas’s economic plans as the minority coalition aims to curb the fiscal deficit amid a recession.
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Czech central bank board member Eva Zamrazilova may agree with koruna interventions if the benefits of a weaker currency for exporters outweigh the impact on inflation, Reuters reported, citing an interview.
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The latest Czech economic data are not endangering the central bank’s efforts to keep inflation at around its 2 percent target, the CTK newswire reported, citing board member Eva Zamrazilova.
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A further reduction in interest rates wouldn’t help the Czech economy as a weaker koruna threatens to push inflation outside the central bank’s target range, board member Eva Zamrazilova said.
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Czech policy maker Eva Zamrazilova sees prevailing pro-inflationary risks and they have been confirmed by the new quantitative easing in the U.S., Dow Jones Newswires reported, citing an interview.
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The Czech central bank may consider increasing interest rates before the end of the year if economic recovery is stronger than forecast, policy maker Eva Zamrazilova said.
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The Czech economy is facing high uncertainty that is clouding the outlook for interest rates, central bank board member Eva Zamrazilova said.
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Czech central bank board member Eva Zamrazilova said she is against a further reduction in the bank’s benchmark interest rate from the record low of 0.75 percent, Dow Jones reported.
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Czech central bank board member Eva Zamrazilova expects interest rates to stay unchanged at the next policy meeting as she sees neither strong inflationary pressures nor deflation risks, Tyden reported, citing Zamrazilova.
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