Czech cbank board vote unanimous on holding rates

- Central Banking staff
- 06 Feb 2001

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The Czech central bank (CNB) board voted unanimously to keep its main interest rates unchanged at its monetary policy meeting on Jan. 25, 2001, after considering a move in the discount and Lombard lending rates. Minutes from the meeting, which showed a breakdown of how the board voted on interest rates for the first time, said the board was concerned that isolated cuts to the Lombard and discount rates "could be wrongly interpreted by markets as a clear signal of a rate decline trend in the

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