(Bloomberg) -- The Polish zloty advanced to near a
two-month high against the euro before a report on wage growth
that may add to the case for a third increase in interest rates
this year.
Economists predict average gross wages grew 8.8 percent in
June, according to a survey conducted by Bloomberg News. Higher
wages, coupled with accelerating inflation, may prompt the
central bank to raise borrowing costs to cool the economy.
Read more at Bloomberg Currencies News
two-month high against the euro before a report on wage growth
that may add to the case for a third increase in interest rates
this year.
Economists predict average gross wages grew 8.8 percent in
June, according to a survey conducted by Bloomberg News. Higher
wages, coupled with accelerating inflation, may prompt the
central bank to raise borrowing costs to cool the economy.
Read more at Bloomberg Currencies News
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