Głapiński: Rates on hold until end 2015
Interest rates in Poland may be maintained at 2.5 percent throughout 2015, Monetary Policy Council member Adam Głapiński told Reuters in an interview.
“It is likely that rates may stay unchanged by the end of 2015 and highly likely that this will be the case in the first half of 2015,” he said.
He added that he expected the council to extend its forward guidance in July, when the National Bank of Poland’s new economic projection is available.
The central banker added that he did not expect deflation in Poland, but that inflation would most likely not exceed 1.5 percent year-on-year by the end of 2014.
