Reuters: Poland should cut rates to 2 pct in Oct

(Reuters) – Poland’s central bank should cut interest rates by 50 basis points to 2.00 percent in October and then wait until its November projection to decide on further possible action, rate-setter Elzbieta Chojna-Duch said.

Chojna-Duch, considered to be one of the most dovish members of the bank’s 10-member Monetary Policy Council (MPC), also told Reuters she expected a majority in the Council to back a cut in October, but its scale remained uncertain.

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