Site icon Global Banking Monitor

Poland Likely to Maintain Interest Rates as Inflation Recedes: Decision Guide

Photo by Jacek Dylag on Unsplash

Poland will likely leave interest rates unchanged after inflation slowed for the third straight month and policymakers began positioning for a possible cut later this year to boost the recession-hit economy.

Central bankers will keep the benchmark rate at 6.75% on Tuesday, according to all economists surveyed by Bloomberg. Investors are betting on a half-percentage-point cut over the next six months as forward rate agreements dropped to a 14-month low last week. Governor Adam Glapinski will brief media at 3 p.m. on Wednesday.

Read More : Poland Likely to Maintain Interest Rates as Inflation Recedes: Decision Guide

Exit mobile version