Emerging Europe Economics

Emerging Europe Economics Update

11 July, 2018

Polish policymakers are the only doves left in town

Poland’s MPC bucked the regional trend today by retaining its ultra-dovish stance. However, we think that Polish policymakers will soon start to follow their neighbours. Inflation is likely to rise above the central bank’s 2.5% target range by early-2019, prompting a 25bp rate hike in the first half of 2019.

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