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Polish MPC Member Accuses Central Bank of Muzzling Policymakers

Polish MPC member accuses central bank of muzzling policymakers as new plan to regulate investor meetings is seen as attempt to restrict communication with market participants.

  • Polish MPC member accuses central bank of attempting to restrict communication with market participants.
  • New plan would require officials to seek governor's permission to meet investors and attendance of another council member.
  • Accusation follows previous complaints about central bank's management practices and calls for interest-rate increases.
  • Central bank rejects accusation and refers to US Federal Reserve's similar regulations on board members' external contacts.
Polish MPC Member Accuses Central Bank of Muzzling Policymakers
A member of Poland’s Monetary Policy Council described a new central bank plan to regulate investor meetings as an attempt to restrict her right to communicate with market participants.

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