Polish consumer-price growth slowed in August as fuel costs eased, building the case for an interest-rate cut this year.
Poland’s central bank will keep its benchmark interest rate unchanged at a record low for a 17th month on benign short-term inflation and wage pressures, a poll showed.
Andrzej Bratkowski, a member of the Polish central bank’s Monetary Policy Council, said interest- rate increases are more likely than cuts because of the pace of inflation .
"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