Poland could cut interest rates

5 February 2013

The Polish Monetary Council meets today to discuss whether it should cut its primary interest rate this month. A decision is expected Wednesday. The meeting comes after a series of disappointing reports on the Polish economy were released over the past few weeks. The country’s prime interest rate is currently 4%. Piotr Lonczak from bankier.pl expects the interest rate will be lowered in an effort to stimlate the weak economy.

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