MPC sees no reason to change the level of interest rates, said Wednesday at a conference after a meeting of the Council, the President of the NBP Adam Glapiński. He said that next year it expects an increase in interest rates. He noted, however, that opinions of the Council on this issue were divided.
- Our attitude concerning economic growth is optimistic, – assured the Chairman of the national BANK. In his opinion, the current slowdown is due only to limited supply and absorbcją EU funds. In his opinion, the improvement will come by the end 2016-17. – An opinion I base on information about a large number of signed agreements regarding the use of funds, he added.
Also, the MPC member Jerzy Żyżyński assured that is not currently needed stimulus by lowering interest rates. – In our assessment, would not be effective, he explained.
the President said that economic growth will accelerate next year to 3.6-3.8 percent. GDP.
a member of the MPC Professor Eric Łon he added that the Council takes great compatibility in the assessment that after a transition period of weak data, the economy will start to improve. For me, the most important raw material prices, especially oil, he explained.
Łon assured that economic growth in Poland compared to other countries in Central and Eastern Europe – high.
economic Growth is currently pulled for consumption, which is not strange because so around the world, said Adam Glapiński. – We have, however, is a temporary phenomenon, but the current economic growth, we are totally satisfied, although I would like it to be 3.6 percent. GDP. Compared to other emerging markets countries, our economic and financial situation very well, he added.
Commenting on the outcome of the presidential elections overseas, the national BANK Chairman said that “there have been fluctuations in the markets, and they gradually died out, but it’s too early to talk about this.” – We are interested in who will be the face of the economy of the United States, he explained. According to the Chairman of the national BANK in the program of the new US President has nothing alarming for us. – Each President of the United States of America, whoever wins, good for us. The United States is our ally, he said.
MPC kept the NBP interest rate: reference level of 1.50 per cent., lombardową at 2.50 per cent, Deposit at 0.50 percent. and redyskontową bills at the level of 1.75 percent.
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