The Polish zloty is still “somewhat undervalued,” Andrzej Bratkowski, a member of the Monetary Policy Council, said in an interview with TVN CNBC television late yesterday.
Polish consumer-price growth slowed in August as fuel costs eased, building the case for an interest-rate cut this year.
Poland’s economy would have to lose steam, rather than just undergo slower inflation, to justify an interest-rate cut, central banker Andrzej Bratkowski said.
"In any case, it's certain to be a long time before we see inflation at levels requiring a quick rate increase."
- Andrzej Bratkowski on Feb 21, 2014