Polish Rate Delay and Looming Lockdown Fuel Talk of New Stimulus

The Polish central bank’s decision to postpone an interest-rate meeting amid growing concern that additional lockdown measures may be needed is fueling speculation that policy makers are preparing more stimulus.

The central bank’s press office confirmed a two-day delay in the Monetary Policy Council’s session, now set for Friday. The news was broken by Bloomberg and the bank declined to give a reason for the change. The move comes as the bank’s open-ended quantitative easing program is running out of steam and after the zloty weakened to a decade low against the euro last week.