Market News
Polish central bank seen keeping rates unchanged this week - REUTERS
By Karl Badohal
Summary
- All analysts polled expect stable rates
- Central bank cautious amid inflation risks
WARSAW, March 31 (Reuters) - The National Bank of Poland (NBP) is expected to keep its main interest rate steady at 5.75% on Wednesday, a Reuters poll showed, as inflation stands near double the central bank target.
NBP Governor Adam Glapinski reiterated last week that Poland's elevated inflation currently left no grounds for policy easing. He cited risks stemming from wage growth, accelerating economic expansion and loose fiscal policy, among others.