Poland's central bank left its main interest rate unchanged at 3.75% and signaled it may step into the foreign exchange market. Policymakers pointed to geopolitics, commodity prices and global inflation as the key drivers of its price outlook.
Poland's central bank kept its benchmark rate at 3.75% on Wednesday, holding steady rather than adjusting borrowing costs. The bank also said it may intervene in the foreign exchange market.
The bank named the geopolitical situation, commodity prices and global inflation as the key factors shaping its consumer price index outlook. Fiscal policy and wage growth remain additional risks to inflation, the bank added.
The central bank said further decisions will depend on incoming data.
Source: Investing.com
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