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MPC signals more cuts

04:19

MPC signals more cuts
Photograph: Adobe Stock

Following a surprise 25bp rate cut, Poland’s Monetary Policy Council (MPC) is expected to continue easing in September, though it remains unclear whether the next move will be 25 or 50 basis points, according to Erste Group analysts.

The MPC lowered the main reference rate to 5%, despite market expectations of no change.

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