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Inflation Spike Near 5% Trips Alarm for Polish Policy Makers

Inflation Spike Near 5% Trips Alarm for Polish Policy Makers
biznespolska.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznespolska.pl Daily Mail and Mail on Sunday newspapers.

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Poland May Cut Near-Zero Interest Rates Next Year, Governor Says

Dec 31 2020, 4:32 PM
December 30 2020, 1:05 PM
December 31 2020, 4:32 PM
(Bloomberg) Polandâs currency dropped as much as 1.4% on Wednesday after members of the countryâs Monetary Policy Council called for a weaker zloty and its chief said it was ready to consider cutting borrowing costs.
(Bloomberg) Polandâs currency dropped as much as 1.4% on Wednesday after members of the countryâs Monetary Policy Council called for a weaker zloty and its chief said it was ready to consider cutting borrowing costs.
While the current, record-low reference rate of 0.1% is âappropriate and best suits the situation,â the central bank may reduce it further in the first quarter of 2021, Governor Adam Glapinski said in an excerpt of an interview published on its website, obserwatorfinansowy.pl, late Tuesday. ....

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