News Headline Summary

Polish central banker says sees room for 50-70bps more cuts in the near term according PAP

Analysis details (13:46)

- This comment follows yesterday's comments from Polish central banker Winiecki who said would be inclined to accept one more cut by 25bps and from Glapinski who said that two 25bps rate cuts most likely in coming months.
- At present, interest rates in Poland stand at 4.50%. Last week, the Narodowy Bank Polski (Polish Central Bank) cut the benchmark interest rate for the first time since 2009.

13 Nov 2012 - 13:28 - Fixed Income Economic Commentary - Source: Newswires

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