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Inflation under control but Poland faces growing budget deficit challenge

19:47

Inflation under control but Poland faces growing budget deficit challenge
source: pexels

Ludwik Kotecki, member of Poland’s Monetary Policy Council (RPP), stated that while inflation is under control, tackling the budget deficit will be much harder. Inflation fell to 2.9% in September, only 0.4 points above the NBP’s target, allowing the Council to cut interest rates by 125 basis points…

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