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WARSAW: Higher inflation in Poland brings forward the possible timing of interest rate increases, although hikes appear distant for now, Kamil Zubelewicz, a Polish Monetary Policy Council member, was quoted as saying by Interia.pl website on Tuesday.
Interest rates are at a record low of 1.5 percent in Poland. Inflation stood at 2.4 percent year-on-year in May, the lowest annual rate in central Europe.
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