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Poland and Czech Rep. to hike, Hungary to cut (Nov 07)

Brace yourselves for what could be an actionpacked series of rate-setting meetings next week. A 25bps hike in Polish interest rates is pretty much guaranteed following the spike in inflation last month. Policymakers in the Czech Republic could also hike rates, though recent currency appreciation means that this is much less certain. Meanwhile, a cut in rates is possible in Hungary following more dire news from the real economy.

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