Belka: lowering interest rates won’t be a catastrophe

25.11.15

Wojciech Rylukowski Poland AM

Lowering interest rates will be unnecessary and wrong, but it won’t be a catastrophe, said head of the central bank, Marek Belka. The Monetary Policy Council (RPP) kept interest rates unchanged at its last sitting, but said that in the coming months rates might be lowered slightly. “Every month that passes after the electoral campaign is advantageous…