(Bloomberg) -- The Polish central bank may need to
raise interest rates if wage growth and consumer demand threaten
to push up inflation, policy maker Miroslaw Pietrewicz said.
``I would be cautious about saying that no more rate hikes
are needed,'' Pietrewicz said in an interview on July 5, while
declining to specify a timeframe. Demands for higher wages ``may
create a dangerous situation in 2008.''
Read more at Bloomberg Emerging Markets News
raise interest rates if wage growth and consumer demand threaten
to push up inflation, policy maker Miroslaw Pietrewicz said.
``I would be cautious about saying that no more rate hikes
are needed,'' Pietrewicz said in an interview on July 5, while
declining to specify a timeframe. Demands for higher wages ``may
create a dangerous situation in 2008.''
Read more at Bloomberg Emerging Markets News
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