Polish c.bank says will cut rates if data confirm slowdown
WARSAW, Oct 3 (Reuters) - Poland's central bank will cut interest rates if incoming data and the November inflation projection show a protracted slowdown and limited price pressures, the bank's rate setting panel said on Wednesday in its post-meeting statement.
Earlier on Wednesday the bank left interest rates on hold, defying analysts' expectations that it would cut borrowing costs to help the slowing economy.
(Reporting by Karolina Slowikowska)
((marcin.goettig@thomsonreuters.com)(+48226539720)(Reuters
Messaging: marcin.goettig.reuters.com@thomsonreuters.net))
Keywords: POLAND RATES/STATEMENT
WARSAW, Oct 3- Poland's central bank will cut interest rates if incoming data and the November inflation projection show a protracted slowdown and limited price pressures, the bank's rate setting panel said on Wednesday in its post-meeting statement.