Zyta Gilowska

Zloty Heading for Six-Week High on Speculation Rate Cuts Ending

The zloty is heading for a six-week high on speculation that Poland’s policy makers will end a series of interest rate cuts at tomorrow’s meeting.

Euro Drops to 1-Week Low Versus Dollar on German Data

The euro declined to a one-week low against the dollar after a gauge of German business confidence unexpectedly dropped in September, adding to concern the debt crisis is hindering the region’s economy.

Zloty Weakens as Polish Central Banker Gilowska in Hospital

The zloty weakened after a report that Zyta Gilowska, a Polish central banker who backed monetary tightening at least twice in 2012, was in hospital.

Poland to Deliver First Rate Cut Since 2009 as GDP Slows

Poland’s central bank will cut borrowing costs for the first time since 2009 as the European Union’s biggest eastern economy slows amid the euro-area debt crisis, according to all 35 economists surveyed by Bloomberg.

Poland Signals November Cut After Holding Borrowing Costs

Poland’s central bank signaled it may cut borrowing costs next month if the economy slows further after unexpectedly leaving them at the highest level since 2009 for a fourth meeting.

Polish Government Sustaining GDP Growth on Debt, Gilowska Says

Poland’s government has been sustaining economic growth by “draining” the country’s reserves and “pumping” borrowed money into the economy, policy maker Zyta Gilowska said in an interview with the magazine “Uwazam, rze.”

Poland Shouldn’t Speed Up Rate Increases, Monetary Panel’s Gilowska Says

Poland shouldn’t accelerate interest-rate increases because inflation is being driven by global prices and tax increases while government budget cuts may hurt economic growth, central banker Zyta Gilowska said.

Polish VAT Boost to Cut Consumption, Lift Consmer Prices, Gilowska Says

Poland’s plan to increase the value- added tax next year will reduce consumption and boost inflation, complicating decisions for the central bank’s Monetary Policy Council, Zyta Gilowska , a member the interest-rate setting panel, told the bank’s news service, Obserwatorfinansowy.pl .

Gilowska Says Polish Rate Cut ‘Premature,’ Zloty Will Weaken

Poland’s central bank cutting interest rates would be “premature” as inflation remains faster than policy makers’ target and the zloty is set to weaken, rate setter Zyta Gilowska said.

Inflation Bonds Lose Most Since 2008 on Slowdown: Poland Credit

Polish inflation-linked bonds are losing the most in three years as slowing growth in the European Union’s biggest eastern economy damps the outlook for consumer price increases.

"Inflation is not slowing enough to start talking about an interest-rate cut."

- Zyta Gilowska on Oct 13, 2011

Poland

Donald Tusk

Europe

European Central Bank

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Jolie Has Double Mastectomy to Thwart Cancer Gene Risk

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