NBP head: rate hike possible to in 2019 due to high wage growth

While interest rates should remain unchanged this year, there is a possibility of a hike in 2019, Central Bank’s (NBP) head Adam Glapiński said. “If they are raised in the future it will mean that there is a certain reason for this, such as rapid wage growth or prices will grow due to a specific rea...

RPP minutes: interest rates should remain stable

According to the minutes of the of the Monetary Policy Council (RPP) November’s decision-making meeting, most members assumed that the interest rates should remain stable in the coming quarters as the inflation target should likely be met. On top of that, stabilization of interest rates would suppor...

Small rate hike possible in early 2018 – RPP Member

Łukasz Hardt, member of the Poland’s Monetary Policy Council RPP said that a small interest rates hike might be possible early next year if inflation continues to be nearing its 2.5 percent target. “The fact that at the conference after the November RPP meeting I said that it is too early to increas...

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 ...