There is no need to raise Polish interest rates for the time being, a new member of the central bank's Monetary Policy Council (MPC) said on Wednesday.In one of his first public comments on rates since being appointed to the MPC last week, Jerzy Hausner told Reuters: "I see no reasons for any rapid change in monetary policy."
Analysts polled by Reuters expect the MPC to start raising rates from an all-time low of 3.5 percent only in the second half of 2010 as Poland's economic recovery gathers pace.
Inflation, which stood at 3.5 percent in December, is expected to ease in coming months towards the central bank's target of 2.5 percent.
Read more:http://www.forexyard.com/en/news/Polish-cbanker-no-monetary-policy-change-for-now-2010-01-20T105844Z-UPDATE-2
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