The following is a survey of forecasts for the Polish central bank’s monthly meeting on interest rates.
The bank will leave the benchmark seven-day reference rate unchanged at a record-low 3.5 percent, according to all 15 economists surveyed by Bloomberg. The last reduction of the rate was by a quarter-point in June 2009.
The council starts its two-day meeting today and a decision will be announced at about noon tomorrow, followed by a press conference at 4 p.m. in Warsaw.
The following is a list of banks predicting the rate won’t change:
BRE Bank in Warsaw Bank BPH in Warsaw Bank Millenium in Warsaw Bank Pekao in Warsaw Bank Zachodni WBK in Warsaw Ceska Sporitelna in Prague Citibank Handlowy in Warsaw Danske Bank in Copenhagen Goldman Sachs in London J.P. Morgan in London Morgan Stanley in London PKO Bank Polski in Warsaw Raiffeisen Bank Polska in Warsaw Societe Generale in Warsaw WestLB in Warsaw