FXStreet (Edinburgh) – The research team at BBH sees the Polish central bank keeping its monetary policy on hold at this week’s meeting.
Key Quotes
“Polish central bank meets Wednesday and is expected to keep rates steady at 1.5%”.
“Policy has been steady since the last 50 bp cut in March, and the bank has said rates would remain low for some time”.
“We think mid-2016 is likely for the start of the tightening cycle”.
“The economic recovery remains robust, but inflation pressures remain low for now and should allow the bank to stand pat for the time being”.
(Market News Provided by FXstreet)