"Inflation Is Slipping Away From Us again." MPC Member on Interest Rate Hikes
5 Articles
5 Articles
Kotecki said on the "Question of the Day" program that all countries must grapple with the effects of the US-Iran conflict. He noted that we see "Trumpinflation" at gas stations and, unfortunately, we will see it in our inflation as well. "The Monetary Policy Council (MPC) will have a tough nut to crack whether to react, meaning raise interest rates," Justyna Dobrosz-Oracz's interlocutor pointed out. In his opinion, an interest rate hike could o…
Breaking News: Inflation in Poland is rising again. Are interest rate hikes getting closer? BitHub.pl
Poles may still feel the effects of the current energy price increases. Ludwik Kotecki of the Monetary Policy Council warns that inflation may accelerate again, and if the National Bank of Poland's (NBP) November projection shows continued price pressure, the Monetary Policy Council (MPC) may begin discussing interest rate hikes. At the same time, the economist points to the rapidly growing public debt. In an interview with money.pl, he assessed…
In the following months, inflation in Poland may jump to around 5%. This is one of the reasons why experts predict a more forceful reaction from the RPP and announce a rise in interest rates. They even suggest a specific term.
"Trumpinflation" is driving up fuel prices worldwide and will impact inflation in Poland, said Ludwik Kotecki, a member of the Monetary Policy Council. In his opinion, "we are reaching the limits when it comes to public debt and deficit."
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