Poland's Central Bank Governor Sees Rate Cuts Coming Soon
Polish central bank Governor Adam Glapinski said policymakers may soon cut interest rates after adopting a 'dovish' stance in a shock about-face that sent the zloty and Warsaw-listed stocks tumbling.
Speaking a day after the Monetary Policy Council left the benchmark at 5.75%, Glapinski said slower-than-expected inflation in the first quarter triggered a 'radical shift' in policymakers' outlook.
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