Sep 24

Poland: NBP leaves key rate unchanged

Category: Forex news
The Polish central bank's (NBP) monetary policy council (RPP) decided at its meeting today to leave the key policy rate unchanged at 6% for the third consecutive month. The announcement was no surprise and in line with our and the consensus expectation. The key question at the press conference later today (15:00 CET) will be whether the NBP will signal a hike in October. In our view the RPP is more or less equally split between those members who favour further monetary tightening and those who

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