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Kotecki: Govt’s loose fiscal policy is no time for interest rate cuts

14:40

Kotecki: Govt’s loose fiscal policy is no time for interest rate cuts
Source: Pixabay

The budget project for 2024 implies a looser fiscal policy, which, combined with weaker macroeconomic conditions and statistically higher inflation, suggests that interest rates cannot be lowered, according to Ludwik Kotecki, a member of the Monetary Policy Council (RPP).

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