
Poland raises rates to 5.5% in surprise move
Most analysts thought the central bank would hold rates at 5.25% but the monetary policy council backed a rise on fears that inflation would remain above the 2.5% target in the medium term.
Annual inflation hit 4.3% in January and is expected to remain at a similar level in the coming months.
The council said that business and investment factors, along with the predicted global economic slowdown, could curb
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