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Tyrowicz Sees Need For More Rate Hikes

POLAND
  • *POLAND'S TYROWICZ SEES NEED FOR MORE INTEREST-RATE HIKES (bbg)
  • The NBP decided to hike its benchmark rate by 25bps to 6.75% on Wednesday, with Glapinski reiterating that future hikes will depend on economic data (particularly inflation).
  • During his press conference, Glapinski added that MPC will face a decision to either keep the policy rate steady or hike it by 25bps at the next meeting in October.

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