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New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
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ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Poland's new MPC is gradually being sworn in. Yesterday, Lower House nominees Grazyna Ancyparowicz and Eryk Lon were sworn in, President Andrzej Duda will nominate his two positions by 19 February.
Remarks by most new members suggest that they view present conditions as accommodative enough; they are signaling a lack of urgency to combat deflation. One of the members emphasized that deflation is not such a big problem and that there is no case for using either the official interest rate or unconventional policy tools any further.
Such remarks could well be an attempt by members to dispel concerns that a PiS-nominated MPC would be unreasonably dovish. Even if this were their fundamental assessment, there is every possibility that their view could change once the ECB and the NBP have lowered inflation projections by March.
