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NBP Minutes Show Brewing MPC Hawkishness

POLAND

NBP Minutes:

  • MAJORITY ON POLISH MPC: WEAKER PLN WOULD `CLEARLY' HELP ECONOMY
  • MAJORITY ON POLISH MPC SEEKS TO KEEP RATES UNCHANGED
  • CERTAIN POLISH MPC MEMBERS: FURTHER RATE CUTS NOT ADVISABLE
  • CERTAIN POLISH MPC MEMBERS: RATE RISE MAY BE NEEDED IN 2H 2021
  • Interesting to see some noting rate hike risks in 2H21, most base cases across the sell-side seeing rates on hold out to late 2022
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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