Polish Inflation Holding Near Target Despite Iran War, Gov. Glapinski Says

Core Insights - Investors have abandoned expectations for interest rate cuts in Europe due to the recent outbreak of war in Iran [1] - The National Bank of Poland has lowered borrowing costs, indicating confidence that inflation will remain under control [1] Group 1 - The decision by the National Bank of Poland reflects a proactive approach to monetary policy amidst geopolitical tensions [1] - The contrasting monetary policy actions between Poland and Europe highlight differing economic outlooks influenced by external events [1]