Central bank at crossroads

March 2005
Emerging Europe Monitor: Central Europe & Baltic States;Mar2005, Vol. 12 Issue 3, p5
Country Report
Country Report
This article reports that the National Bank of Poland (NBP) will find its policy remit challenged by a complex macroeconomic climate over the course of this year. Nonetheless, the central bank has confirmed that, among a plethora of indicators used to gauge economic performance, it will regard the evolution of investment data during the year as a critical factor in implementing interest rate policy. Following Poland's smooth transition into the EU, and signs of improvement in the external economic environment, hopes for a sharp rise in investment levels are beginning to emerge.


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