Polish Central Bank Retains Hawkish Tone Signalling Stable Rates
Country Risk / Poland / Thu 06 Jun, 2024
Key View
- We have kept our forecasts for the Polish end-2024 policy rate unchanged at 5.75% after the National Bank of Poland (NBP) meeting on June 5.
- Ongoing concerns about fiscal policy changes and elevated core inflation will prompt caution by the Monetary Policy Council for the remainder of the year.
- We expect the NBP to begin easing in Q224 as