Polish policy-makers sceptical over major central banks' monetary policy
Minutes reveal doubts that QE and ultra-low rates have had the desired effect
Minutes from the National Bank of Poland's most recent monetary policy council meeting show members discussing their doubts about the efficacy of the monetary policy being pursued by the world's "major central banks".
The minutes reveal that while some council members argued that without the non-standard easing measures that have been taken, economic growth in the world's largest advanced economies would probably have been slower – but others argued that the measures have been relatively
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