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National Bank Holds Rates Steady Amid Stubborn Inflation

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National Bank Holds Rates Steady Amid Stubborn Inflation
The Monetary Policy Council (MPC) announced it is keeping the key reference rate at 4.75%. While inflation has eased to 5.2%, it remains above the NBP target, prompting a continued cautious stance. Governor Adam Glapiński warned that geopolitical risks still pose significant upside pressure on prices.
 
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