Czech rate-hike run may stall for longer as eurozone risks rise

PRAGUE: The Czech central bank will probably keep borrowing costs unchanged for a second meeting, prolonging a pause in rate hikes to digest signals of a potential economic slowdown in the eurozone.

As the European Central Bank faces diminishing prospects of raising its own rates this year, its Czech counterpart is trying to augur the disinflationary risks coming from the country’s biggest export market.