Glapinski says Poland interest rate hikes are increasingly likely
Updated
Updated · Bloomberg · May 7
Glapinski says Poland interest rate hikes are increasingly likely
8 articles · Updated · Bloomberg · May 7
The Monetary Policy Council kept the benchmark rate unchanged for a second straight month in May, with Glapinski saying a rise is more likely but not certain.
He said the chance of tighter policy has increased over the past month, signalling a possible shift in Poland's rate outlook after recent pauses.
Policymakers cited tensions in the Middle East as a source of uncertainty for the Polish economy, complicating decisions on when to resume tightening.
Is Poland using global conflict as an excuse to delay painful but necessary interest rate hikes?
Poland's central bank is buying gold to fund defense. Is it preparing for war, not just inflation?