The Monetary Policy Council Does Not Want to Tinker with Interest Rates
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There are no signs of any changes in interest rates anytime soon, said NBP President Prof. Adam Glapiński.
Judging by the tone of the statements of the MPC members and the discussions during the meeting, there are no signs of interest rate changes anytime soon, NBP President Adam Glapiński said on Thursday.
– Judging by the tone of the statements of the MPC members and the discussions during the meeting, there are no signs of interest rate changes anytime soon – NBP President Adam Glapiński said on Thursday.
"There is a real risk of exceeding the NBP's inflation target in the coming months," said central bank President Adam Glapiński, adding that fuel prices were the main culprit behind the current rise in overall prices. "We are fortunate that food is cheaper than a year ago. And agricultural commodity prices are moderate. If it weren't for this, the situation would be worse," he said. He also admitted that interest rate changes "are not in the car…
At the current inflation rate, lowering interest rates before the end of this year is unrealistic, NBP President Adam Glapiński said on Thursday. He added that the current interest rate level is moderate and stabilizes the economy. Glapiński also assessed that "interest rates look stable until the end of the year and the middle of next year." He cautioned, however, that this is his opinion. The article "Interest Rate Reduction? NBP President: U…
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