Monday, August 6, 2007

Polish Central Bank Governor Sees No Reason to Increase Interest Rates Now

(Bloomberg) -- The Polish central bank has no need
to raise interest rates because there is currently little threat
from inflation, central bank Governor Slawomir Skrzypek said.

Inflation, wage and industrial output data are likely to
confirm ``there is still no reason to enter a cycle of interest
rate increases,'' Skrzypek said in an interview with daily
Gazeta Prawna, published today.


Read more at Bloomberg Emerging Markets News

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