Poland Set to Hold Rates as Iran Truce Cools Price Pressures
Poland is expected to hold interest rates unchanged as a two-week ceasefire in the US-led war in Iran sent energy costs sharply lower, reducing concerns over a revival in inflation.
All 32 economists surveyed by Bloomberg News forecast the Monetary Policy Council to keep its benchmark at 3.75% on Thursday. At the panel’s previous meeting just after the Iran war started, it ordered a bold cutBloomberg Terminal in rates and switched to a wait-and-see stanceBloomberg Terminal regarding future moves.