Poland's Glapinski Keeps Hawkish Outlook, Unswayed by Soft Data
Polish central bank Governor Adam Glapinski stuck to his guns regarding the need for interest rates to stay on hold, unswayed by data showing softer-than-expected inflation and growth dynamics.
In his first public comments since March 13, Glapinski repeated that inflation trends didn't leave any room for rate cuts and stressed the need to reduce price growth, which surged to a two-decade high in 2023.
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