Poland raises rates on inflation fears

Poland’s central bank raised its benchmark interest rate by a quarter point to 3.75% on the 19 January 2011, the first rate increase since mid-2008, a sign of the bank’s concern over recent increases in inflation.

Polskie Radio, 19.1.11: MPC raises interest rates http://www.thenews.pl/business/artykul147638_mpc-raises-interest-rates.html

NBP: Monetary Policy Council Press Releases http://www.nbp.pl/homen.aspx?f=/en/onbp/organizacja/rada_archiwum.html

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