Poland lowers rates to stave off slowdown

Author (Person)
Series Title
Series Details 27.11.08
Publication Date 27/11/2008
Content Type

Poland’s interest rate setting monetary policy council surprised analysts on the 26 Noveber 2008 by lowering the central bank’s benchmark rate by a quarter point to 5.75%, amid increasing signs that the Polish economy is facing a sharp slowdown caused by the global financial crisis.

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