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Czech cbank not ruling out June rate hike - deputy governor

·1 min read

LONDON, Feb 15 (Reuters) - The Czech central bank is notruling out a June interest rate hike if a solid post-COVIDeconomic recovery takes hold, the bank's deputy governor MarekMora said on Monday."We do not rule it out," the bank's deputy governor MarekMora said during an online panel organised by the OMFIF thinktank when asked about financial market pricing of a rate hike inJune.

The Czech central bank's board saw a rate increase as themost likely next policy move, according to minutes of its lastmeeting released on Friday."If it is June or July or later this year... everythingdepends on the pandemic."(Reporting by Marc Jones; Editing by Tom Arnold)