Economy Minister Steinhoff sees room for rate cuts in June
Cutting the interest rates will be possible as soon as this month, according to Deputy Prime Minister and Economy Minister Janusz Steinhoff. Yesterday, Steinhoff also expressed concerns that the current zloty exchange rate will hurt exports. Although the robust growth of exports (28% y/y in April) surprised analysts, they expect it would eventually subdue due to the strong zloty. bb, kpŹródło:IntelliNews Daily
