WARSAW, March 8 Poland's inflation will likely
stabilise at a "moderate" level after significantly accelerating
in the first months of this year, the central bank said on
Wednesday justifying its decision to keep interest rates at an
The bank increased its forecast of inflation to a range of
1.6-2.5 percent in 2017 from 0.5-2.0 percent earlier. The
central bank targets inflation at 2.5 percent.
The bank also reiterated that the current level of rates,
with the key rate at 1.50 percent since March 2015, helped keep
Poland on a path of balanced economic growth.
(Reporting by Pawel Sobczak and Bartosz Chmielewski; Writing by
Marcin Goettig; Editing by Marcin Goclowski)