TITLE

One More Rate Hike May Be Sufficient

PUB. DATE
September 2007
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Sep2007, Vol. 14 Issue 9, p4
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports on the interest rate increase imposed by the National Bank of Poland (NBP). The NBP increased its benchmark interest rate during its monetary policy meeting on July 25, 2007. According to the bank, the interest rate hikes have significantly decreased the risk of consumer price indexes overshooting the inflation target. Further interest hikes is forecasted. The factors that contributed to the increased interest rates are mentioned.
ACCESSION #
26560692

 

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