Polish central bank rules out immediate rate cuts


  • World
  • Saturday, 18 Jan 2025

WARSAW, Jan. 17 (Xinhua) -- Poland's central bank governor Adam Glapinski said on Friday that inflation will remain at a high level through the end of the year, ruling out immediate interest cuts.

Speaking after the Monetary Policy Council decided to hold rates steady, Glapinski attributed persistent inflation to factors such as energy prices, regulatory uncertainty, and rising wages.

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