Tusk: No Monetary Interventions Necessary

People ♦ Published: February 3, 2014; 10:07 ♦ (Vindobona)

In the past few months, the Polish zloty fell significantly. However, Poland´s Prime Minister Donald Tusk thinks that the zloty does not need support.

Tusk: No Monetary Interventions Necessary / Picture: © Wikipedia / Gnesener1900

In the past years, the FED has acquired assets in the amount of $ 85bn per month. Emerging markets like CESEE were among the main profiteers. Already in summer 2013, however, the FED announced that the program will come to an end in the course of 2014.

Due to the gradual end of the extremely loose monetary policy in the U.S. emerging markets like the CESEE (Central, Eastern and…