NEWS
31st March 2008 - Interest rates likely to rise further in Poland
Following last week's further increased of 0.25%, Polish central bank interest rates now stand at 5.75%. A move to 6% or beyond in the near future is likely, as the central bankers try to bring Poland's higher inflation back into the desired range. The recent rate tightening cycle doesn't appear to have affected Polish growth, with Q1 GDP growth expected to be at 6%.
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