Pavel Rezabek (CNB): The cabinet and the CNB should coordinate their policies more

Pavel Rezabek of the CNB board told Reuters that the cabinet and the CNB should coordinate their policies more. The cabinet’s budget-consolidation measures partly negate the CNB’s efforts to relax monetary policy, he said. Also, Lubomir Lizal of the CNB board told Bloomberg that the central bank’s key interest rate could be cut to 0% if necessary.