Poland’s Economic Growth Miss Set to Temper Rate-Hike Bets

Poland’s economic growth slowed more than anticipated in the first quarter, with the fading momentum set to moderate expectations regarding interest-rate increases amid a flare-up in price pressures.

Gross domestic product expanded 3.4% in January-March, compared with the year-ago period, down from a revised 4.1% over the previous three months, according to preliminary data from the statistics office published on Thursday. Growth missed the 3.7% median view in a Bloomberg survey of analysts.