Central Banks

Poland Keeps Rates Unchanged With Inflation Seen Slowing

Adam Glapinski

Photographer: Piotr Malecki/Bloomberg
Lock
This article is for subscribers only.

Poland kept borrowing costs on hold for the sixth straight month and predicted inflation will gradually ease from the highest level in a quarter century.

The bank’s rate-setting body, the Monetary Policy Council, held the benchmark rate at 6.75% on Wednesday, in line with the forecast of all 31 economists surveyed by Bloomberg. It didn’t rule out further rate increases, saying its future decisions will depend on economic prospects.