Poland Keeps Rates on Hold to Gauge Iran War Impact on Inflation

The Polish central bank left interest rates unchanged on Thursday as policymakers try to assess the impact of the Iran war on inflation following the announcement of a fragile truce in the fighting.

The Monetary Policy Council kept the benchmark at 3.75%, the central bank said on Thursday. The decision matched the expectations of all 32 economists surveyed by Bloomberg and came after a series of cuts that brought borrowing costs to their lowest level in four years.