Polish c.bank governor says further rate hikes seem less and less probable

Kitco Media
By Reuters
Published:
Updated:
Reuters
WARSAW, March 15 (Reuters) - Further rate hikes in Poland seem less and less likely but at the same time it is too early to talk about cutting the cost of credit, the central bank governor said in a letter read out at a banking forum in Warsaw. "Taking into account the results of the inflation projection, it can be said that further hikes are becoming less and less likely," news agency PAP cited the letter by Adam Glapinski as saying. "At the same time, it is too early to start discussing possible rate cuts."


(Reporting by Alan Charlish and Anna Wlodarczak-Semczuk)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.