Poland's growth has improved, inflation has increased (though it remains below zero and thus far below the target), and the PLN has depreciated due to Greek-related market concerns.
"As a result, the next move by the new NBP council will most likely be a rate hike and no change of rates is likely until the next MPC board takes over and inflation reaches well into the 1.5-3.5% target range. The NBP is expected to stay on hold at 1.5% next week", according to Barclays.


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