Poland's NBP Set to Keep Rates at 3.75% Through Year-End – ING
ING economists Rafal Benecki and Adam Antoniak expect the National Bank of Poland to keep its key interest rate unchanged at 3.75% at the July 9 meeting and for the remainder of 2024, ruling out both hikes and near-term cuts.
ING economists Rafal Benecki and Adam Antoniak forecast that the National Bank of Poland (NBP) will maintain its key interest rate at 3.75% following the upcoming policy meeting on July 9. They see rates holding steady through the rest of the year, with no hikes on the table and cuts considered unlikely in the near term.
The wait-and-see stance reflects the central bank's cautious approach amid ongoing economic uncertainty. The economists' assessment suggests the NBP is comfortable with the current level of monetary tightening for now.
Source: FXStreet Forex News