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...

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 ...

If PMI drops below 50, rates could be raised – MPP Member

According to Eryk Łon, a Monetary Policy Council (RPP) member, the interest rates could be raised if the Purchasing Managers Index (PMI) drops below the 50 point threshold. In June, the PMI stood at 53.1 points. If that’s not the case, rates should remain unchanged in 2018 as well. “I think it is ra...