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Emerging Europe Economics Update

Emerging Europe Economics Update

Polish rate hike unlikely to trigger sustained tightening cycle

With underlying inflation pressures still relatively subdued over the key 12-18 month policy horizon, today’s hike in Polish interest rates is unlikely to be the start of a particularly aggressive tightening cycle. We remain comfortable with our below consensus forecast for the scale of further rate hikes.

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This article is tagged with the following subjects: Emerging Europe, Macro-economics, Monetary policy, Poland
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