Poland: Rostowski Wants to Cut the Interest Rates

Poland: Rostowski Wants to Cut the Interest Rates / Picture: © Vindobona.org

The National Bank of Poland should cut the interest rates again, Rostowski claims. In the last months, NBP has reduced the interest rate from 4.75% to 3.75%. Rostowski thinks that Poland´s economy needs another reduction by 100 bps. Behind Hungary, Poland has the highest interest rate in Europe, he said. Even if NBP would cut the rate by 100 bps, Poland´s interest rate would be…