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Poland’s central bank keeps rates flat, as expected

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Via Yahoo Finance

WARSAW (Reuters) – Poland’s central bank on Wednesday kept its benchmark interest rate unchanged at 1.5%, in line with analysts’ expectations polled by Reuters.

The central bank, which ended an easing cycle in March 2015, also kept its lombard rate flat at 2.50 percent, the deposit rate at 0.50 percent and the rediscount rate at 1.75 percent.

The bank’s rate-setting Monetary Policy Council will hold a news conference at 1400GMT.

(Reporting by Pawel Florkiewicz; Writing by Joanna Plucinska)

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