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  • In the minutes of the April 7 policy meeting, some NBP policymakers have argued that the central bank should raise interest rates if inflation risks intensify in the coming months.
  • We saw recently that policymakers' tone on inflation has been gradually changing as they expect inflationary pressures to ease in early 2022 (instead of H2 2021 previously).

Link to the minutes:


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