JP Morgan lowers Poland's GDP growth forecast

Investment bank JP Morgan has reviewed Poland's GDP growth forecast and lowered it to 3.1 percent in 2016 and 3 percent in 2017 citing Brexit as the reason. In the previous forecast, the lender said that GDP would grow by 3.8 percent in 2016 and 3.4 percent in 2017. JP Morgan also predicts that the Monetary Policy Council will leave interest rates unchanged in July.