The RPP did not change interest rates. No surprises.

The recent lower-than-expected core inflation gives the Monetary Policy Council more time before making decisions on interest rates. Factors such as rising energy and food prices will influence inflation in the coming months. Economists predict potential interest rate hikes in 2027, depending on inflation trends and external pressures. The European Central Bank's policies and the condition of the złoty also affect Poland's monetary policy. The Council is cautious, awaiting clearer inflation signals before acting, despite some analysts suggesting no rate hikes in the near future.