CNB not to undershoot target again- Frait

The Czech National Bank (CNB) should not undershoot its inflation target in 2001 again and must react in time, Jan Frait, a member of the CNB Bank board, said on Feb 12, 2001. There is probably no danger that we undershoot the target once again, otherwise it could be a problem," Frait reported said to news agency CTK. If inflation seems to go down, the central bank should try to use its tools and get it back to the band, Frait noted. "I don't consider good if we keep missing the target, unles

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