Monetary policy in Poland should stay restrictive, says MPC's Tyrowicz

Kitco Media
By Reuters
Published:
Updated:
Reuters
WARSAW, March 29 (Reuters) - Polish central banker Joanna Tyrowicz said monetary policy should remain restrictive until net inflation and wages converged to levels consistent with the inflation target. "As long as net inflation and wages start to approach levels comatible with the inflation target, one cannot say that the central bank has done its job," Tyrowicz told the PAP news agency.


"Elementary responsibility calls for conducting restrictive monetary policy under such conditions."
(Reporting by Pawel Florkiewicz; Editing by Clarence Fernandez)

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