Poland's central bank keeps rates at 3.75% and sharpens inflation stance
Updated
Updated · Bloomberg · May 6
Poland's central bank keeps rates at 3.75% and sharpens inflation stance
10 articles · Updated · Bloomberg · May 6
All 28 economists surveyed by Bloomberg expect the Monetary Policy Council to leave the benchmark unchanged on Wednesday for a second straight month.
The 10-member panel is expected to harden anti-inflation rhetoric as the conflict in Iran revives price pressures and reinforces a wait-and-see approach.
Policymakers cut rates in March, days after the Iran war began, but have since shifted toward caution as external risks threaten to feed inflation again.
If tough talk on inflation only works on experts, how will the central bank manage everyone else's expectations?
With a Mideast war fueling Polish inflation, can the central bank truly shield the economy from a global oil shock?