NBP's Wnorowski says that rising inflation is not enough to justify fast interest rate hikes
- Higher inflation hardens the stance, but rates to stay on hold for now.
Context
Wnorowski's comments suggest a cautious approach to interest rate hikes despite rising inflation. This implies that while inflationary pressures are acknowledged, they are not deemed sufficient to prompt immediate rate increases, signaling potential stability in monetary policy for the near term. Traders should consider how this could influence market expectations for rate paths across different asset classes.
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