Polish central banker Henryk Wnorowski stated that it is premature to discuss potential interest rate cuts, citing uncertainties and reservations.
Wnorowski, a member of the National Bank of Poland’s monetary policy committee, made these comments in an interview with Biznes 24 television, following the central bank’s decision to maintain its main interest rate at 3.75% for the fourth consecutive month.
The central bank’s governor, Adam Glapinski, had previously suggested that a 25-basis-point interest rate cut could be proposed after the summer, but Wnorowski emphasized that such discussions are purely academic at this point.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.