Poland monetary policy cautious about hot money
The National Bank of Poland decided to raise the key interest rates by 25 basis points after resisting a 50 basis points rise, the minutes of the March monetary policy council meeting show.
Some council members pointed out that too aggressive policy tightening, combined with interest rate cuts by the Federal Reserve and a delay in the European Central Bank perceived move to raise rates, may contribute to the inflow of speculative capital to Poland and to an excessive appreciation of the exchange
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Profit inflation and monetary policy: weighing the evidence
- What is forecasting for? Bernanke and the future of BoE projections
- Central bank of the year: Central Bank of Brazil