Ludwik Kotecki, whom the opposition-controlled Senate proposed to join the 10-person panel last week, said he expects the Monetary Policy Council (MPC) to lift borrowing costs for a fourth straight month in January.(File pic: A large banner commemorating a new 20 Zloty banknote, featuring late politician Lech Kaczynski, outside Poland's Central Bank, also known as Narodowy Bank Polski, in Warsaw, Poland, on Thursday, Nov. 25, 2021.)
WARSAW: A candidate for the Polish central bank’s policy-making board slammed its response to surging inflation, saying interest-rate increases came too late and more hikes are “inevitable.”
Ludwik Kotecki, whom the opposition-controlled Senate proposed to join the 10-person panel last week, said he expects the Monetary Policy Council (MPC) to lift borrowing costs for a fourth straight month in January.
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