ING: Dovish Polish Central Bank Leaves Zloty Vulnerable Versus Euro

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The National Bank of Poland kept a dovish stance, signalling no need to adjust rates potentially until mid-next year despite rising inflation, according to ING's Frantisek Taborsky. That posture leaves the Polish zloty vulnerable against the euro, Taborsky noted. The central bank's guidance points to rates staying unchanged potentially until mid-next year even as inflation rises.

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Dovish NBP stance contrasts with ECB, but article focuses on Polish policy; ECB rate context only implied