Slovak says no room now for rate cuts

The Slovak central bank (NBS) said its board had left interest rates unchanged at a monetary policy meeting on Jan. 29, 2001, and that potential risks to consumer price growth left no room for rate cuts at present. The bank board said it did not see significant inflationary pressures from consumer demand despite the expected revival of real wages and household consumption growth in 2001, but it did warn against underestimating other possible risks.

"There are certain risks arising from possibl

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