NEWS
10th September 2007 - Poland\'s interest rates raised by 0.25% for third time in 2007
In a move widely expected by markets, Poland's central bank moved interest rates higher by a quarter of a percent at it's end of August meeting. The reference rate now stands at 4.75%. The move was in response to Poland's strong economic growth (7.4% in first quarter 07, 6.7% in second quarter 07), and is designed to reduce inflationary pressure, particularly from rising wages.
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