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NBP Plans Further Interest Rate Cuts
People ♦
Published: January 8, 2013; 19:27 ♦ (Vindobona)
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Further interest cuts are likely, NBP´s governor Marek Belka told FT in an interview.
NBP Plans Further Interest Rate Cuts / Picture: © Vindobona.org
At the moment, there is enough leeway for further interest rate cuts, Belka said in an interview with Financial Times. Belka thinks that it is possible to avoid radically low interest rates like in the Czech Republic. Belka underlines that NBP´s monetary policy is still conventional. At the moment, Poland´s base rate stands at 4.25%.
The expansive monetary policy of NBP began…
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