Interest rates could just as likely increase as fall, according to RPP member

"We have to remember that during the period of decreasing the rates we were witnessing positive factors, such as dropping rate of unemployment and lowering inflationary pressure. Currently we face following increase in the prices of oil, depreciation of złoty and growing pressure on wages to increase," Wasilewska-Trenkner said. She also claims that the country is close "to the natural rate of growth" amounting to 4-5%. The RPP member highlighted the risks related to public finances and monetary policy with regard to the approaching elections. (Parkiet, p. 8) M.M.