Poland: MPC dovish on economy and inflation, but in denial that swift rate cuts are needed

Poland: MPC dovish on economy and inflation, but in denial that swift rate cuts are needed
Michal Dybula - Market Economics | 10 Apr 2013 16:06

The MPC left interest rates unchanged, in line with expectations. While the post-meeting statement highlighted the weakness of the economy and major disinflation, the Council made also clear that its upcoming decision will depend on the probability of inflation remaining considerably below the inflation target over the medium-run.