Feared slowdown ‘is an argument for reducing rates’
October 25, 2012
The prospect of an economic slowdown is an argument for reducing interest rates, Monetary Policy Council member Andrzej Rzonca told reporters Wednesday.
"An economic slowdown is an argument for reducing rates to the extent that forecasts would suggest," Rzonca said.
Central bank researchers are due to release an update to their tri-annual macroeconomic projections in time for the November policy sitting of the Monetary Policy Council.