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They should not work in the central bank

They should not work in the central bank

Over the past two years, the central bank has not really cared about the value of the Polish currency, says Stanislaw Kloza, former head of the Polish Financial Supervisory Authority. He adds that the vast majority of MPC members are “so colorless that they should not work for the central bank after their term ends”.

Klosa was a guest on the program “Rzecz o biznesie” in “Rzeczpospolita”. He referred to the activities of the central bank in recent years and Monetary policy presented by NBP.

– In recent years, the Central Bank has deviated from the logo that appears on its construction. So “we care about the value of the Polish currency” – noted the former head of the Polish Financial Supervisory Authority.

He emphasized that the average annual inflation did not exceed 4.5% during the past twenty years. – This year, in my opinion, it’s going to reach 4.7 percent, maybe even closer to 5 percent. – Expect Klosa.