Analysts at last got it right, RPP votes to hold interest rates

However, the attitude of the RPP is not affected and it is still restrictive. In its justification, the Council announced that in September there was a drop in inflation and the shock influence of Poland's entrance to the European Union on prices is finally over. This combined with the appreciating value of the złoty might result in smaller than anticipated price hikes. "Interest rates will remain stable for at least the next year," claims Janusz Jankowiak, chief economist at BRE Bank. His opinion is supported by some analysts, while others still believe that rates might be increased by the end of the year if next year's inflationary target is threatened. (Puls Biznesu, pp. 1, 7) M.M.