We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » November 27, 2012
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Rate council likely to cut rates in December - rate setter
November 27, 2012   
Article's tools:
Print

Poland's Monetary Policy Council will likely continue the easing cycle launched in November and cut interest rates at the December sitting, MPC member Jerzy Hausner said in an interview for central bank's news portal obserwatorfinansowy.pl.

". . . we should have positive real interest rates," but as "at the end of 2012 a visible decline of inflation can be expected, therefore it is advisable to cut interest rates," the rate setter said. "Such an opinion has been expressed on numerous occasions by the President of the central bank NBP and I fully agree with Marek Belka."

Poland's rate council opened an easing cycle at the November sitting, erasing the 25 bps it added to rates as recently as the May sitting.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE