Poland Says Rate Cut Limits Risk Of Inflation Below Target
Posted on February 06, 2013 at 11:13 AM EST
    Poland’s central bank said a reduction in interest rates earlier today should boost economic activity and thus reduce the risk of inflation remaining below the bank’s target.     The National Bank of Poland (NBP), which cut its key reference rate by 25 basis points to 3.75 percent, said fresh data had confirmed [...]

    Poland’s central bank said a reduction in interest rates earlier today should boost economic activity and thus reduce the risk of inflation remaining below the bank’s target.
    The National Bank of Poland (NBP), which cut its key reference rate by 25 basis points to 3.75 percent, said fresh data had confirmed a “considerable slowdown” in Poland’s economy and this was resulting in limited wage and inflationary pressure.

    “At the same time, the Council … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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