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Polish students form 'shadow' rate-setting panel: audio report

21.06.2022 15:00
After yet another interest rate hike earlier this month, some borrowers in Poland are having a hard time paying their loan instalments.
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The body responsible for the raises, the Monetary Policy Council, appears to be making its decisions on the basis of a mixture of political and economic considerations.

Meanwhile, a parallel "shadow" rate-setting panel formed by students at the Warsaw School of Economics (SGH) votes on interest rates solely based on economic criteria.

Radio Poland's Piotr Miszczuk talks with Mateusz Gil, a member of the panel.

Click on the audio player to hear the interview.