TITLE

Rates On Hold, Cuts Possible In 2012

PUB. DATE
November 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Nov2011, Vol. 18 Issue 11, p2
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article discusses the economic impact of the National Bank of Poland's on hold interest rate by 4.50 percent for the balance of 2011 in Poland. It predicts the possibility of an interest rate cut in 2012, with steady gradual global growth contributed by the central bank. The country was also expected to converge with forward rate agreements (FRAs) and inflation while facing a looming fiscal austerity in said year.
ACCESSION #
67149886

 

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