Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.
Marek BelkaWe're in a tightening cycle and the reason is the economy is growing, there's no expectation that the global economy and the Polish economy as a consequence could slow down dramatically.
Marek BelkaAnd in the last sentence I would like also to mention that Poland is one of the countries with which the United States has run strategic dialogues since last year.
Marek BelkaWith the sugar market hysteria, the people are obviously worried and expect higher inflation. When this hysteria subsides, which we're probably observing, then I hope that people will also get less worried about the future of inflation.
Marek Belka