Poland: We cave in − unchanged rates tomorrow
Tue, Apr 29 2008, 15:50 GMT
by Lars Christensen
Danske Bank A/S
Until now we had expected that the Polish central bank (NBP) would hike its key policy rate by another 25bp to 6.00% at tomorrows Monetary Policy Council meeting. However, as of today we have changed that forecast so we now in line with the consensus expectation expect the NBP to keep rates unchanged. The reason for this is that today we received more information to show that growth is slowing.
Published on
Tue, Apr 29 2008, 15:54 GMT
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