Czech rates: surprise cut to 0.05%

Czech rates: surprise cut to 0.05%
But other observers aren't so sure. Capital Economics says that as a very conservative institution, the Czech National Bank (CNB) will not rush into unconventional policies such as quantitative easing. “The most likely options in our view are a …
Read more on Financial Times (blog)

Czech president re-appoints both CNB vice-governors
Both vice-governors of the Czech National Bank (CNB) have been re-appointed for a second six-year term by the president of the Czech Republic, Václav Klaus. Mojmír Hampl and Vladimír Tomšík both joined the CNB's governing board in December 2006.
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