NEWS
5th January 2007 - No Polish interest rate increases expected in 1H 2007
According to the Polish Monetary Coucil, there is no immediate threat to the target inflation rate of 2.5%, hence no need to raise interest rates in the short term
According to the rate setter, Poland's fast economic growth does not trigger prices rises because growing investments are resulting from both supply and demand factors, which prevents a creation of inflationary disorders.
However, the labour market may pose a threat, should wage demands start growing, the rate setter said.
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