Morawiecki: The wave of interest rate hikes is probably coming to an end

The wave of interest rate increases is probably coming to an end, says Prime Minister Mateusz Morawiecki. 

"Moving interest rates up and down is an autonomous decision of the Monetary Policy Council and the National Bank of Poland. [...] However, based on the analysis of various financial institutions, I conclude that the wave of multiple rate hikes is probably coming to an end," Morawiecki said during the briefing.

The Monetary Policy Council is due to decide on interest rates on Wednesday.

Source: ISB News