Poland: Key Rate Kept on Hold

People ♦ Published: April 10, 2014; 14:37 ♦ (Vindobona)

The Monetary Policy Council of Poland has kept the key interest rate on hold since it ended easening in July last year.

Key rates will in all likelihood be adjusted in July. / Picture: © Vindobona.org

The Monetary Policy Council has kept the main interest rate unchanged for nine months in a row. According to a statement by the central bank, the decision will leave the key interest rate at 2.5 percent, which is an all-time low since the last rate cut in July last year.

The monetary policy council is expected to adjust the rate in July, which is when the new inflation projection…