No signs that Polish interest rates need hiking, says central…

WARSAW, Dec 2 (Reuters) – Currently, there are no indications that it is necessary to launch another cycle of interest rate hikes in Poland, central banker Wieslaw Janczyk was quoted by Super Biznes (Click Home) as saying on Friday.

At its November meeting the Monetary Policy Council (MPC) kept its main interest rate at 6.75% for the second month in a row.

“The current level of rates seems appropriate with the information we have today,” Janczyk told Super Biznes.

“At the December meeting, we will analyze the latest data… In my opinion, in recent weeks there has been no information that would encourage interest rate hikes to resume in December, but it is the Council – as a collegiate body – that will make decisions,” Janczyk said.

The next meeting of the MPC will be held on next Wednesday, Dec.7. (Reporting by Pawel Florkiewicz; Editing by Alex Richardson)