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- Yesterday, NBP policymaker Eryk Lon wrote in an article that interest rate increases could be considered if the November projection shows that inflation would remain above the 3.5% upper tolerance band for an alarmingly long period.
- We have previously seen that the majority of the board aims to keep interest rates low in order to stimulate the economic recovery as the uncertainty remains elevated.
- On Monday, NBP policymaker Lukasz Hardt wrote that Polish inflation jump is not temporary and requires a 'monetary reaction'. MPC member Grażyna Ancyparowicz said that the earliest time for thinking about rate hike is October or November.
- Governor Glapinski also mentioned in all of his recent speeches that interest rates in Poland should remain low while the economic recovery is taking place.
- There are no important economic data coming out today.