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Polish Central Bank Concedes Lower Inflation Path, Holds Rates - BLOOMBERG
Poland’s central bank acknowledged that inflation pressure isn’t as high as expected, but held interest rates amid concern that price growth will remain above target in the coming months.
The Monetary Policy Council kept its benchmark at 5.75% on Wednesday, in line with the forecasts of all 31 economists surveyed by Bloomberg. Its post-meeting statement
was seen as less hawkish by economists at Bank Millennium SA, ING Bank Slaski SA and Goldman Sachs Group Inc., among others.
