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Interest cuts of 50-75 points possible in 2024

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Interest cuts of 50-75 points possible in 2024
Source: Pixabay

Grzegorz Maliszewski, Chief Economist at Bank Millennium, predicts that the Monetary Policy Council (MPC) might reduce interest rates by 50-75 basis points (bps) in 2024, less than the market expectation of 100 bps.

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