Inflation outlook may prompt Poland’s central bank to hold rates- BofA

Published 01/07/2025, 10:36
Inflation outlook may prompt Poland’s central bank to hold rates- BofA

Investing.com -- Poland’s central bank is expected to keep its monetary policy rate steady at 5.25% when it meets on July 2, according to Bank of America.

Markets are currently pricing in no change for the upcoming meeting, aligning with forecasts from BofA economist Mai Doan who anticipates the National Bank of Poland (NBP) will maintain current rates.

Several members of the Monetary Policy Committee have signaled that rates will likely remain on hold at the July meeting.

With inflation projected to fall below 3% starting in July, Bank of America analysts believe the NBP may implement a rate cut in September rather than making any immediate changes.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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