FXstreet.com (Barcelona) - Poland’s Central Bank NBP decided to keep its rate unchanged at 4.75% as expected and will do the press conference at 14:00 GMT. TD Securities analysts expect the NBP to become gradually less hawkish: “As the MPC had warned us that the new CPI projections would be instrumental to a possible rate hike in this month’s meeting, it seems that we are past the point when further hikes seem most likely, and that the risks to growth should support convergence of inflation to the target in the medium term”.
Forex Flash: Polish NBP keeps its rate at 4.75% - TD Securities
Wed, Jul 04 2012, 10:16 GMT | FXstreet.com
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Any opinions, news, research, analyses, prices or other information contained on this story, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
