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PFR Head Borys Sees Terminal Rate Between 2% and 3%

POLAND
  • PFR Fund President Pawel Borys mentioned in an interview that more polish rate hikes should be expected in coming meetings.
  • He sees terminal rate between 2% and 3% (vs. 1.25% current).
  • It is likely that the NBP will hike its policy rate by 75bps this week (Dec 8) following the positive surprise in inflation last week.

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