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Poland

Poland increases rates

The National Bank of Poland decided Wednesday to hike interest rates by a quarter despite inflation remaining below the central bank's target rate. The benchmark reference rate is now 4.75%.

Polish rates to rise soon

Halina Wasilewska-Trenkner, a monetary policy committee member at the National Bank of Poland, says interest rates will rise in either August or September this year.

Choose Fund head on merit - Colombia's Uribe

Jose Dario Uribe, the governor of the central bank of Colombia, says it is still too early to select a candidate to head the International Monetary Fund (IMF) to succeed Rodrigo de Rato, who will leave the Fund in October.

Another rate hike in prospect in Poland

The Polish finance ministry has forecast that inflation in June will top the central bank's 2.5% target for the first time in over two years, making a rate rise more likely to ease growing price pressures in the fast-growing economy.

Polish watchdog merger in doubt, says report

Slawomir Skrzypek, the President of the National Bank of Poland, has proposed a delay in the government's plan to merge the banking regulator into the wider-ranging finance industry watchdog, according to newspaper reports.

ECB's Bini Smaghi on central bank independence

In the speech 'Central bank independence: from theory to practice' given on 19 April Lorenzo Bini Smaghi of the ECB said fiscal discipline is important, and highlighted that out of control spending will undermine monetary policy.

NBP to publish minutes of meetings

Poland's central bank said Tuesday 3 April it will start to publish minutes from policy meetings of its interest rate-setting panel on 24 May, in a move analysts hope will offer more clarity on future monetary policy.

NBP's Rybinski on the payment system in Poland

In the speech 'SEPA and the payment system in Poland' given on 14 March Krzysztof Rybinski of the National Bank of Poland said an aspect which deserves particular attention in the discussion on SEPA is the harmonisation of the law within the payment area.

Poland's Rybinski on the euro adoption

In the speech 'The euro adoption - assessing benefits and costs' given on 17 January Krzysztof Rybinski of the National Bank of Poland discusses selected aspects of the cost-benefit analysis of Poland's adoption of the euro.

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