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Poland to Hold Rates on Budget Risks for Prices

Summary by Bloomberg
Poland will likely keep interest rates unchanged after policymakers turned cautious, citing loose fiscal policy and global price risks.

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The Monetary Policy Council will probably leave interest rates unchanged today, although it is possible to prepare for cuts soon. Even if they happen this year, it is difficult to expect a breakthrough. "The real rate will still be above 2% and is probably the highest since 2016 or so," indicates Rafał Benecki, ING's chief economist in the Onet Rano Finansowo program.

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Bloomberg broke the news in United States on Wednesday, July 2, 2025.
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