Hawkish shift on Polish MPC won’t result in rate hike

Hawkish shift on Polish MPC won’t result in rate hike

A rise in inflation has led five of the ten Polish MPC members to suggest that interest rates may soon need to be raised. But we doubt that any of the five more dovish members, including Governor Glapinski (who has the deciding vote in the event of a tie), will shift sides and vote for a rate hike in the next two years.
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