The National Bank of Poland hikes interest rates 25 bps, bringing its benchmark lending rate to...

|By:, SA News Editor

The National Bank of Poland hikes interest rates 25 bps, bringing its benchmark lending rate to 4.75%, signalling a sharp difference between its economy (inflation worry) vs. much of the rest of Europe (growth worry). Today's increase is 5th in a tightening cycle begun in January 2011. PLND -2.3%.