NBP warns inflation could hinder economic growth

Inflationary pressure is growing which, in the long run, could hinder economic growth, Krzysztof Rybinski, a deputy president of the Polis central bank (NBP) has warned.

In his opinion, this is the main reason why the Monetary Policy Council (RPP) has recently tightened its policy. "A side effect of rapid growth is increased inflation, while RPP's task is to keep it within the specified limits," underlined Rybinski. He added that growing inflation could result in two years of economic expansio

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