Poland’s central bank should raise interest rates to show it wants to get inflation under control and rebuff the growing perception that it lacks the resolve to do so quickly, policymaker Ludwik Kotecki said. A proponent of more restrictive monetary policy, Kotecki said inflation is likely to stay in double digits through the rest of the year. Rising crude prices, a tight labor market and loose fiscal policy may keep consumer prices high for longer than the central bank should be ready to accept, he said in an interview last week. “It seems to me there are growing doubts about whether the current degree of monetary ... (full story)