The cuts to go deeper?

In her opinion, the Council has not yet been successful with fighting the down effects of the inflation. "I believe, that there are such moments, when you should not do things to change the current order [of things]. December is, in my opinion, such a month," Wasilewska-Trenker told Puls Biznesu.

Meanwhile, National Bank of Poland governor Sławomir Skrzypek is in the opinion of taking harder actions, saying that Poland should cut interest rates by more that 25 basis points, if it is to protect its economy from the current EU economic slowdown.

"Last time we had a 25 basis point rate cut, which was cosmetic from the market's point of view," Skrzypek, who holds a casting vote on the 10-member rate-setting panel, said in an interview for public radio.

"Now we need much more decisive steps," he said.

An easing cycle with a 25 basis point cut was launched by the NBP in November.

Sources: Puls Biznesu, Reuters