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NBP expected to remain on hold this week – BBH

FXStreet (Edinburgh) - The research team at BBH expects the Polish central bank to leave unchanged its monetary policy stance at its meeting on Wednesday.

Key Quotes

“Polish central bank meets Wednesday and is expected to keep rates steady at 1.5%”.

“Earlier today, Poland reported October CPI steady at -0.8% y/y, well below the 1.5-3.5% target”.

“We think the NBP will likely restart the easing cycle, but probably not until early 2016, when the incoming Law and Justice can stack the MPC with doves as the existing terms end”.

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