Adam Glapinski News
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Poland’s central bank should wait until June at the earliest before potentially resuming interest- rate cuts because it needs to “better assess” the prospects for economic recovery, according to policy maker Adam Glapinski.
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Yields on the Polish government’s two-year notes fell for a second day, approaching last week’s all-time low, as the slowest inflation since 2006 fueled speculation the central bank may keep cutting interest rates.
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Poland’s central bank is poised to cut interest rates twice in the coming months as the inflation rate heads toward a three-year low, policy maker Adam Glapinski said.
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Poland’s central bank is “very likely” to raise borrowing costs next month as the economy is weathering Europe’s debt crisis while a weaker zloty stokes inflation, monetary-policy maker Adam Glapinski said.
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Poland’s central bank would make “a serious mistake” if it raises interest rates in May because the move would needlessly stifle growth with inflation set to slow later this year, rate setter Adam Glapinski said.
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Poland’s central bank cut its main interest rate by more than economists estimated to a record low as the worst economic slowdown in 12 years looms after consumer spending plunged amid Europe’s debt crisis.
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Polish industrial output unepxectedly rose in January, adding to arguments for the central bank to continue cutting interest rates.
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Poland’s central bank will cut its benchmark interest rate in December for a second month as growth in the European Union’s biggest eastern economy slows to its weakest since 2009, policy maker Adam Glapinski said.
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Poland’s central bank may start increasing interest rates in January as the zloty has lost its power to keep inflation in check, Adam Glapinski , a member of the Monetary Policy Council, said today.
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Adam Glapinski , a member of the Polish central bank’s rate-setting Monetary Policy Council, comments on inflation and the outlook for interest rates.
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