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Poland's central bank chief sees inflation risks contained, but rate hikes possible

Speaking at a press conference, Glapiński noted that April consumer price inflation of 3.2% remains within the National Bank of Poland's (NBP) target range, whose upper bound stands at 3.5%, though he acknowledged a "certain rise in core inflation". The governor cited three factors constraining inflation risk. First, consumer demand is not accelerating as it did in the post-pandemic period. [...]