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Central bank to cut interest rates in September at the earliest - Lewiatan Confederation

18:46

Central bank to cut interest rates in September at the earliest - Lewiatan Confederation
Source: Pixabay

Lewiatan Confederation representative Mariusz Zielonka forecasted that the Monetary Council will not raise interest rates at Tuesday's meeting. At the same time, he expects the interest rate to decrease in September at the earliest.

He reminded that ECB increased the key rate by 50 basis points to 3% at its latest meeting on February 2, and the US Federal Reserve increased its benchmark interest rate by a quarter of a percentage point.

(PAP)

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