CPI predictions indicate that interest rates are likely to increase again
It is possible, but the rising tendency might be hindered if Monetary Policy Council (Rada Polityki Pieniź?nej) decides on further increases in interest rates. Yesterday Central Bank officials presented inflation projections for the next two years and concluded that interest rates may well be increased. The analysis has already resulted in one rise of NBP's interest rate. The Monetary Policy Council, which had the opportunity to read the projection much earlier, decided to raise interest rates by 50 points last week. (Parkiet, p.7) J.J.