Polish Central Bank Delays Interest Rate Cuts Amid Rising Energy Prices

The Polish Central Bank has suggested that the government's decision to limit energy prices until September has complicated the outlook for interest rate cuts.

As a result, discussions about potential rate reductions have been delayed, and the Monetary Policy Council (MPC) is expected to postpone any decisions until at least October.

Governor Adam Glapinski has stated that this situation could result in rate cuts being pushed back to 2026. The MPC recently kept the benchmark interest rate at 5.75% due to ongoing concerns about inflation and energy costs.

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