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- sees no risk of polish inflation surging, `tremendous' pressure on zloty appreciation
- inflation is broadly in line with polish c.bank goal
- polish central bank to continue with large-scale qe
- Excess liqudity in polish banking system significant
- possible to cut polish rates below zero
- NBP is analyzing rate cut
- polish cut would need radical worsening of economy
- Poland still has `wide room' to cut interest rate
- Most likely polish rates won't change for next 2 yrs