Winiecki: No room for rate cuts

Monetary Policy Council (RPP) member Jan Winiecki does not see any room for interest rate cuts, he told radio station TOK FM. “If you looked at earlier registers of my voting you would see that I did not see it earlier either,” he said. He explained that Poland's current situation does not involve sudden demand drops, as was the case during the crash in the 1930's. “We live in a different world – one of very stable prices and low growth,” he said.