TITLE

Zloty Strength Further Delaying Rate Hikes

PUB. DATE
June 2010
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Jun2010, Vol. 17 Issue 6, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents the economic outlook for Poland in 2010. It notes that the National Bank of Poland is expected to leave interest rates on hold at 3.5%. It further states that consumer price inflation drops from 3.5% in March to 2.9% year-on-year in February. Moreover, it forecasts that zloty appreciation and weaker inflation will support stable policy rates but the acceleration in economic activity and rising inflationary pressures will stimulate a return to monetary tightening.
ACCESSION #
51827527

 

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