TITLE

More Hikes In The Pipeline

PUB. DATE
March 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Mar2011, Vol. 18 Issue 3, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the economic condition in Poland. It highlights the move of the National Bank of Poland (NBP) in boosting its benchmark monetary policy rate by 25 basis points (bps). It also mentions the persistence of NBP president Marek Belka to push such moves due to the capabilities of domestic economy to justify policy tightening. It adds that robust economic growth, increase inflation and positive external climate will ensure further hikes of benchmark interest rates.
ACCESSION #
58026653

 

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