It’s not about the pace, it’s about the direction we’ve set. The pace is of course a function of many factors, including the magnitude of the supply shock. But what’s probably more important is the probability of the supply shock translating into sustainable embedded inflation.
Marek Belka Quotes
With 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.
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| Birth: | 9th January, 1952 |
| Nationality: | Polish |
| Profession: | Economist |
About
Marek Marian Belka is a Polish professor of Economics, a former Prime Minister and Finance Minister of Poland, former Director of the International Monetary Fund's European Department and current Head of National Bank of Poland.
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