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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
(RTTNews) - The Czech central bank maintained the benchmark two-week repo rate unchanged at the record low of 0.75% for a fifth consecutive meeting on Wednesday. The decision came in line with economists' expectations.
The Czech National Bank also retained its other interest rates. The discount rate was kept at 0.25% and the Lombard rate was left unchanged at 1.75%.
Inflation remained at an 18-month high of 2% for the third straight month in November. The central bank has forecast inflation at 2% in the fourth quarter of next year and at 1.9% during the first three months of 2012.
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