Poland Central Bank Holds Key Rate at 3.75% for Third Month as Inflation Eases
Updated
Updated · Bloomberg · Jun 2
Poland Central Bank Holds Key Rate at 3.75% for Third Month as Inflation Eases
3 articles · Updated · Bloomberg · Jun 2
Poland’s Monetary Policy Council is expected to leave the benchmark rate unchanged at 3.75% on Tuesday, extending a pause that has lasted three straight meetings.
A sharper-than-expected drop in inflation has eased pressure for further tightening, giving policymakers room to keep borrowing costs steady.
All 32 economists surveyed by Bloomberg forecast no change, signaling a strong market consensus ahead of the central bank’s statement due around 4 p.m. in Warsaw.
Governor Adam Glapinski is scheduled to brief markets on Wednesday, with investors watching for clues on how durable the inflation slowdown is and when policy might shift.
Markets predict a rate cut while the bank hints at hikes. Who has misjudged Poland's economic path?
As a new Mideast conflict fuels energy prices, can Poland's central bank avoid another rate hike?