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

Reported about 18 hours 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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