"At the end of the year, inflation might exceed 3.5%, that is the upper inflationary target," said Mróz. According to expert opinion, interest rates will certainly go up in November, but hikes are also quite likely in the following months and will drag rates from the current 4.75% to 6%. "The growth of interest rates has already resulted in lowered willingness to take out mortgage loans. Further cooling of economic growth will occur alongside more rate increases," said Mrowiec. (Puls Biznesu, pp. 1, 6-7) M.M.
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