Polish central bank says no rate cut in Q1 2001

Polish central bank President Hanna Gronkiewicz-Waltz said on Friday she did not see scope for interest rate cuts in the first quarter of next year but hoped there was room for a cut by the end of the first half of 2001.

"I don't see space to ease in the first quarter but hopefully there will be a possibility for a cut in the first half," she told an investment conference in Paris. Gronkiewicz-Waltz, who is leaving the central bank in January to join the European Bank for Reconstruction and D