Polish Central Bank Expected to Cut Interest Rate by 25 Basis Points

Reported 3 days ago

The National Bank of Poland is anticipated to reduce its key interest rate by 25 basis points to 4.75% in an upcoming meeting, as inflation has fallen within the bank's target range, according to a Reuters poll of analysts. While there is a consensus about the cut, some uncertainty regarding future inflation, particularly related to energy prices, may lead to a pause in further easing. Policymakers are addressing fiscal risks linked to rising defense and welfare expenditures, impacting the budget deficit outlook.

Source: YAHOO

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