NBP Governor Says Poland Will Take Time to Assess Outlook
Governor Adam Glapinski says the NBP is ready to counter oil shocks but will wait for data. Poland remains well positioned to handle current price pressures.
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Poland central bank Governor Adam Glapinski said he will delay interest rate hikes despite inflation rising to 3.2% in April. The National Bank of Poland kept its main rate at 3.75% this month to assess energy price shocks. Investors face potential tightening if inflation exceeds the 3.5% target ceiling and remains elevated.
