Rostowski Wants Further Interest Cuts

People ♦ Published: January 11, 2013; 10:51 ♦ (Vindobona)

Poland´s Minister of Finance calls NBP (Polish National Bank) to continue the expansive monetary policy

Rostowski Wants Further Interest Cuts / Picture: ©

The day before yesterday, NBP´s monetary policy council has cut the interest rate from 4.25% to 4.00%. This is the third cut in a row. At the beginning of November and December, NBP has lowered the interest rate by 25 bps each. In a first reaction Rostowski said to be pleased with the decision.

Moreover, Rostowski wants NBP to continue the interest rate cuts as soon as possible.…