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Polish Interest Rates on hold at 4.00%


As broadly expected, the Polish central bank’s (NBP) Monetary Policy Council (RPP) last week decided in favour of unchanged interest rates, keeping the key policy rate at 4.00%.

The decision to keep rates on hold should clearly be seem in the light of the fact that inflation remains very low - below 1%. That said, the timing of the next rate hike has clearly been brought forward, mainly due to the following circumstances:
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Posted July 3rd, 2006 by Jon
Posted in Forex News | No Comments »


 
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