Societe Generale forecasts Poland’s central bank will maintain its policy rate amid on-target inflation and steady growth.
The National Bank of Poland is expected to keep its benchmark interest rate unchanged at 3.75% for an extended period, extending into early 2027. Analysts cite inflation within target ranges and stable economic growth as key factors supporting the status quo stance.
The current policy rate has remained at 3.75% following previous adjustments to curb inflation. With price pressures now aligned with the central bank’s goals, further rate cuts or hikes appear unlikely in the near term.
No immediate market reaction was specified, but the prolonged hold may reinforce zloty stability against major currencies.