WARSAW, Nov 19 (Reuters) - Poland's Monetary Policy Council members agreed at their October meeting the chances of inflation running below or above the 2.5 percent target were balanced in the medium-term, central bank minutes showed on Thursday.
'The majority of Council members judged the probability of inflation running below or above the inflation target to be balanced in the medium term,' the minutes said.
The central bank's key interest rate has been at an all-time low of 3.5 percent since it was last reduced in June. Analysts now expect policymakers to keep borrowing costs unchanged for months to come.
(Writing by Karolina Slowikowska) Keywords: POLAND MINUTES/ (karolina.slowikowska@reuters.com; +48 22 653 9725; Reuters Messaging: karolina.slowikowska.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'The majority of Council members judged the probability of inflation running below or above the inflation target to be balanced in the medium term,' the minutes said.
The central bank's key interest rate has been at an all-time low of 3.5 percent since it was last reduced in June. Analysts now expect policymakers to keep borrowing costs unchanged for months to come.
(Writing by Karolina Slowikowska) Keywords: POLAND MINUTES/ (karolina.slowikowska@reuters.com; +48 22 653 9725; Reuters Messaging: karolina.slowikowska.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.