Glapinski Divides Polish Rate Panel With Call to Delay Cuts

Several Polish policymakers distanced themselves from central bank Governor Adam Glapinski’s view that interest rates may not be cut at all next year, revealing a split just as the country’s economy slows.

Monetary Policy Council members Ludwik Kotecki, Henryk Wnorowski and Cezary Kochalski said they still expect the 10-person panel to start discussing monetary easing in March, instead of October like Glapinski predicted on Thursday.