Analysts at TD Securities suggest that there is little doubt that the MPC will keep its policy rate on hold today at 1.5% in Poland, where it has been since March 2015. Key Quotes “Aside from the more hawkish members, they will probably be fairly relaxed about the surprise move up in CPI inflation to 2.9% y/y in July and 2.8% y/y in August, above the 2.5% target.” “With the Fed and the ECB shifting in a distinctly more dovish direction and with some signs that the Polish economy is slowing, albeit from a very fast pace, the MPC will see little need to change their view that rates will be on hold for this year and, at least, a good part of next year. Apart from mentioning the temporary blip up in inflation, the press conference itself will probably be focused around the European Court of Justice’s ruling regarding the $32bn in non-zloty mortgage loans.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Facebook’s Libra turns to Switzerland FINMA for payment system regulation FX Street 4 years Analysts at TD Securities suggest that there is little doubt that the MPC will keep its policy rate on hold today at 1.5% in Poland, where it has been since March 2015. Key Quotes "Aside from the more hawkish members, they will probably be fairly relaxed about the surprise move up in CPI inflation to 2.9% y/y in July and 2.8% y/y in August, above the 2.5% target." "With the Fed and the ECB shifting in a distinctly more dovish direction and with some signs that the Polish economy is slowing, albeit from a very fast pace, the MPC will… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
