Poland to Hold Rates, Focus on Glapinski’s Tone

Poland is set to keep interest rates on hold, with investors focusing on central bank Governor Adam Glapinski’s outlook for borrowing costs following a pivotal presidential election.

A month after the Monetary Policy Council cut its benchmark by half a point, all but one of 27 economists surveyed by Bloomberg expect the panel to keep rates steady at 5.25% on Wednesday. Glapinski and other policymakers have signaled that rates should stay flat in June before potential further easing later this year.