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MPC Members See Further Risk of Wage Pressure

POLAND
  • Some MPC members saw high rates impacting Polish economy via loan cost in the January meeting according to the central bank's minutes.
  • MPC members saw CPI considerably elevated for 2022, and further risk of wage pressure.
  • The recent PLN appreciation following the fall in political uncertainty and the 'hawkish' conference yesterday could help anchor inflation expectations.

Link to minutes:

https://www.nbp.pl/en/onbp/organizacja/minutes/mi_...

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