According to analysts at TD Securities, today is all important central bank meeting for Poland and with another MPC meeting, almost certainly another hold is looming.
Key Quotes
“The press statement and conference are also unlikely to say much that is new. The freeze on electricity prices for final consumers in 2019 means that the significant pick-up in inflation which was forecast for this year in the November Inflation Report is unlikely to happen. And current inflation readings (headline: 1.1%, core: 0.6%) are comfortably below the 2.5% target. As the January minutes stated, the majority view on the MPC is likely to continue to be that rates will remain stable in the coming quarters.”
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