BLOOMBERG
The central bank/Narodowy Bank Polski has raised its 7-day interest rate by 25 basis points...to 4.5%.
So far this year, the c.bank has raised its benchmark rate by 100 basis points to fend-off inflation.
In April, inflation increased to 4.5%...from 4.3% in March.
The central bank has set a 2.5% inflation target.
In Q1, Poland's economy grew by 4.4% from a year earlier...nearly the fastest pace since 2008.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PUERTO RICO: The Enigma of Tourism.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- VENEZUELA: Chavez Will Nationalize 11 U.S. Drilling Rigs.
- Chavez And Argentina Sign Trade Accord.
