Poland's Monetary Policy Council hold rates

Poland's Monetary Policy Council kept interest rates on hold on Wednesday February. The decision was expected due to the recently completed council changeover, but the council suggested rates were more likely to rise than fall.

The council, which held its main short-term rate at 5.25%, said in a statement that its neutral policy bias was being maintained, but that "it does not rule out changing its bias to a more restrictive one at the next sitting."

"This is an announcement that at present in

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