Rates hike possible in 2019 - RPP Member

Łukasz Hardt, member of Poland’s Monetary Policy Council RPP said that interest rates hike is likely in 2019 due to the negative influence of protectionism on global disinflation. "For me personally, a possible rate cut is very unlikely," Hardt said. He explained that Germans are preparing big fiscal stimulus of the economy, and Poland depends on Germany a lot.  RPP member added that Polish monetary policy could be affected by a possible interest rate hike by the European Central Bank. Hardt, however, does not expect this to happen in the near future.