The Monetary Policy Council Will Hold Off on Raising Interest Rates. Economists Agree Before the Meeting.
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On Wednesday, the Monetary Policy Council will decide on interest rates. The chances of a rate hike have diminished in recent days, but—as economists' forecasts suggest—what goes around comes around. Even a small increase in interest rates would push up mortgage rates.
All indications are that the Monetary Policy Council will not raise interest rates on Wednesday. None of the 19 research teams and analysts surveyed by "Parkiet" and "Rzeczpospolita" expects such a move.
Oil and gas prices are rising, but the economy shows no signs of wage pressure. The Monetary Policy Council (MPC) meets for two days on Tuesday, November 3rd, but experts don't expect any rate hikes. Instead of nervous moves, interest rates will remain unchanged, although forecasts for 2027 suggest hawkish signals.
The Monetary Policy Council will begin a two-day meeting today. A decision on interest rates will be made.
"There will be no interest rate hike at the Monetary Policy Council meeting starting on Tuesday," says Adam Antoniak, economist at ING Bank Śląski. In his opinion, if rates are raised, it could happen in the first quarter of 2027.
There will be no interest rate hike at the Monetary Policy Council meeting starting on Tuesday, predicts Adam Antoniak of ING Bank Śląski. In his opinion, if rates are raised, it could happen in the first quarter of 2027.
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