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.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » May 8, 2014
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.
Monetary council issues expected rate hold
May 8, 2014   
Article's tools:

Poland central bank's Monetary Policy Council (MPC) kept interest rates unchanged at the May sitting at their all-time low of 2.5%, for the tenth straight month as risks mount that the Ukrainian conflict may threaten the country’s economic revival.

The rate council remains cautious with forward guidance revision on account of a very unpredictable situation in Ukraine, NBP head Marek Belka told a news conference.

"The situation in Ukraine is very dynamic, very serious and one of the reasons of our relative cautiousness in terms of communicating our intentions on interest rates," Belka said.

The “best moment” to consider changes in communicating the central bank’s policy intentions will come in July, Belka said.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE