Czech central banker Nidetzky: rates to peak around 5% in spring - Bloomberg
PRAGUE, Jan 25 (Reuters) - The Czech central bank will probably lift its main interest rate above 4%, from 3.75%, at its Feb. 3 meeting and the rate will likely peak "around 5%" in the spring, the bank's Vice-Governor Tomas Nidetzky said in a Bloomberg interview published on Tuesday.
"We want to hike as fast as possible to avoid being behind the curve, but we don’t want to expose the economy to high interest rates for too long," Bloomberg quoted Nidetzky as saying.
Reporting by Jan Lopatka
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