Economics

Poland Defies Inflation Shock in Extending Record Rate Pause

  • Central bank leaves benchmark at record-low 1.5%, as expected
  • Ex-governor warns inflation now likely to remain elevated
Photographer: Piotr Malecki/Bloomberg
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Poland extended an unprecedented period of record-low borrowing costs, looking past a jump in inflation Bloomberg Terminalthat economists described as “shocking” and “astonishing.”