TITLE

Rate Hikes To Continue

PUB. DATE
May 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;May2011, Vol. 18 Issue 5, p3
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article offers information on the interest rates forecast for Poland in 2011-2012 by Business Monitor International Ltd. (BMI). It states that the National Bank of Poland (NBP) will continue its monetary tightening in 2011, with an expected 75 basis points (bps) of hikes to 4.50% by the end of the year. It says that the tightening cycle by the European Central Bank (ECB) should ease rate hikes by Polish monetary policymakers, while economic growth will be driven by household consumption.
ACCESSION #
59972962

 

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