East EU to push for measures to cool growth in prices

Bloomberg

As major central banks scale back plans to raise interest rates amid signs of a weaker economic expansion, some parts of eastern Europe are set to push for measures to cool price growth.
Hungary will kick off the deliberations on Tuesday by starting to unwind its monetary stimulus. Two days later, the Czech Republic will debate whether to resume raising interest rates. While Poland and Romania are both likely to hold rates the following week, talk of rate hikes is returning.
After holding rates for two meetings, Czech policy makers sent mixed signals about how much further tightening might be needed this year.
Rate setters who are more sensitive to risks from abroad will argue to keep borrowing costs unchanged, while those focusing on domestic price pressures may push for another increase.
The Romanian central bank is expected to extend its pau-se on borrowing costs after hiking three times in 2018.