National Bank of Poland Rates on Hold in June

The National Bank of Poland kept its main interest rate unchanged at 3.75% in June as cooling inflation in May provided policymakers with more time to assess the economic outlook.

Key Takeaways

• 1.The National Bank of Poland (NBP) maintained its main policy rate at 3.75% in June.
• 2.A surprising decline in CPI inflation in May has reduced the immediate pressure for rate hikes.
• 3.Interest rates are forecast to remain unchanged through the end of 2026.

Table of Contents

• The National Bank of Poland kept rates on hold in June
• Neutral post-meeting press release
• Inflation and rates outlook
• Author
• Disclaimer

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