Economics
Poland Hikes Rate to Highest Since 2013 to Fight Inflation
- Central bank raises benchmark by 50 basis points to 2.75%
- Lifted reserve requirement, sees stronger zloty as supportive
Adam Glapinski
Photographer: Piotr Malecki/BloombergThis article is for subscribers only.
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Poland increased borrowing costs for a fifth consecutive month to an almost nine-year high as pressure grows on the central bank to tame record inflation in eastern Europe’s largest economy.