WARSAW: Poland's central bank may decide whether to extend its forward guidance for flat rates in July, when it publishes its new economic forecast, minutes from the meeting of the bank's rate-setting council earlier this month showed on Thursday.
The bank has said it would keep rates flat at their historically low level of 2.5 percent until at least the end of the third quarter.
"The Council members observed that a more comprehensive assessment of macroeconomic outlook needed to change the horizon of keeping the interest rates at the current level will probably be possible during the July meeting," the minutes said.
Majority of the Monetary Policy Council members said that Ukraine continued to pose a source of uncertainty for economic growth in Poland, the minutes said.
Comments
Comments are closed.