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Polish rate-setter says can't rule out another rate cut: Source




Polish rate-setter says can’t rule out another rate cut: Source

  • Update Time : Monday, March 30, 2020
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Polish rate-setter says can't rule out another rate cut: Source
Polish rate-setter says can't rule out another rate cut: Source

MarketDeal24.Com – Eryk Lon, one of the policy makers of the Narodowy Bank Polski (NBP), the central bank of Poland has said on Monday that, “Another interest rate reduction might be on the cards to support the national economy recover swiftly from the ongoing coronavirus pandemic.”

Mr. Lon wrote about his opinion in an article published on the website of Radio Maryja, “One cannot discard the chances of another bout of interest-rate reduction. But the fact is the timing of it has not been decided yet.”

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