RPP member: rates should be hiked as soon as Q1 2018

According to Eugeniusz Gatnar from the Monetary Policy Council (RPP) interest rates should be increased early next year to offset rising inflationary and wage pressures. “If wage pressures rise in line with my expectations and inflation comes near the target then I would expect interest rates to be ...

Poland may need to raise rates in early 2018 – Gatnar

Poland may need to raise interest rates as soon as early 2018 because of risks to the inflation outlook or if real interest rates stay below zero percent for too long, member of the Poland’s Central Bank (NBP) and the Monetary Policy Council (RPP), Eugeniusz Gatnar told Parkiet daily.