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POLAND: National Bank of Poland rate decision is due today (usually around
1300BST/0800ET): Rates expected unchanged at 1.50%.
- Despite a motion being raised to cut rates at the September meeting, policy is
expected unchanged. Recent MPC comments support this, with Zyzynski most
recently stating he's "ruling out a rate cut now". With growth still firm and
inflation at multi-year highs, MPC members have made it clear that policy
changes are unlikely without either a positive or negative economic shock.