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Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on April 04, 2011, 05:00:05 am

Title: Poland Interest Rates Hike is Considered to Halt Inflation
Post by: Hemant on April 04, 2011, 05:00:05 am

Poland Interest Rates Hike is Considered to Halt Inflation

Poland?s central bank will probably raise interest rates at a meeting that starts today to damp inflationary expectations as consumer prices already grow faster than targeted by policy makers.

The Monetary Policy Council will lift the benchmark seven- day rate by a quarter-point to 4 percent, according to 21 of 30 economists surveyed by Bloomberg. Nine expect borrowing costs to remain unchanged. The Warsaw-based central bank will announce its decision tomorrow.

Source: Poland Interest Rates Hike is Considered to Halt Inflation (http://www.marketracks.com/forex/poland-interest-rates-hike-is-considered-to-halt-inflation/forward/340/)