Poland Is Close to Ending Interest Rate Cuts, Governor Says

Polish central bank Governor Adam Glapinski signaled there was little room left for more interest rate cuts as inflation stabilizes within the target.

Policymakers may consider additional fine-tuning in 25-basis point increments starting as early as in February or March, depending on the incoming data, he told reporters on Thursday. The central bank left its benchmark at 4% on Wednesday after ordering five cuts since June.