2017-02-21 15:59

Poland’s Newest Dove Preaches Economy First, Then Inflation

„Matton“ nuotr.
„Matton“ nuotr.
The latest addition to Poland’s central bank wants policy makers to put the economy first.

Nurturing growth needs to remain a priority even after the European Union’s biggest eastern economy surged out of the blocks to start the year, according to Rafal Sura, trained as a legal scholar and a virtual unknown before being appointed in November to replace Marek Chrzanowski on the Monetary Policy Council.

Speaking in his first interview with an international news organization since taking office, Sura, 37, ruled out any monetary tightening, expressing confidence that the recent burst of inflation is only temporary and poses no risk of breaching the central bank’s target for longer.

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