Poland's c.bank keeps rates flat, defies expectations for a cut
WARSAW, Oct 3 (Reuters) - Poland's central bank kept its key interest rate unchanged at 4.75 percent on Wednesday, defying expectations that it would cut borrowing costs to help the ailing economy.
Twenty-one out of 27 analysts polled by Reuters last week had expected the bank's 10-strong Monetary Policy Council (MPC) to cut the key rate by 25 basis points to 4.50.
The bank will hold a news conference to explain its decision at 1400 GMT.
(Reporting By Karolina Slowikowska)
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Keywords: POLAND RATES/