Skip to content
Advertisement

Economy

MPC member suggests a wait-and-see approach on interest rates in November

19:43

MPC member suggests a wait-and-see approach on interest rates in November
Source: Pixabay

Monetary Policy Council member Ludwik Kotecki, in an interview with BIZNES24, recommended against an interest rate increase in November. "There is no point in pushing inflation up," he stated.

He suggested refraining from making any decisions on rates in November. "We don't have information about anti-inflation measures, freezing electricity prices, and the state of public finances. With so many uncertainties, making a clear decision is challenging. My recommendation is to wait until we have answers to these questions," he added.

(PAP)

More from Economy All