Poland publishes forecasts behind ‘final’ rate cut

National Bank of Poland

The National Bank of Poland (NBP) today published the full forecasts that prompted the monetary policy council (MPC) to cut rates by 50 basis points last week – a move it says "concludes the monetary easing cycle" at the central bank.

The Economic Institute at the NBP is responsible for compiling forecasts. The latest quarterly inflation report reveals a sharp decline in the inflation outlook compared with three months ago.

In November, the institute forecast annual CPI inflation of 1% in 2015,

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