January 22, 2015 / 7:52 AM / 3 years ago

Polish c.banker Osiatynski says sees room for more rate cuts

WARSAW, Jan 22 (Reuters) - Poland should not wait with further rate cuts, central bank rate-setting panel member Jerzy Osiatynski was quoted as saying on Thursday, adding he saw room for an overall lowering of 50-75 basis points.

“The expected move by the European Central Bank (ECB) should prompt us to lower rates,” Osiatynski told state agency PAP.

“I said earlier that I see room for cuts of 50-75 basis points. I‘m no saying that it has to be done in one move. But I think that what happened in Switzerland is a signal to do it rather sooner than later.”

Poland’s central bank left its main interest rate unchanged at 2.0 percent earlier this month. (Reporting by Adrian Krajewski)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below