Polonium

Wednesday, November 25, 2009

Polish c.bank keeps rates flat, sees 2010 CPI down

WARSAW, Nov 25 (Reuters) - Poland's central bank kept interest rates unchanged on Wednesday, in line with market expectations, as inflation remains under control and macroeconomic data point towards a steady recovery.

Inflation may rise temporarily in the near term due to base effects but should ease significantly in 2010, the bank's Monetary Policy Council (MPC) said in a statement.

The zloty and bonds were unchanged after the rate decision, which all 27 analysts polled by Reuters had predicted.