Poland is the most resilient to COVID-19 among regional peers

MACROmap today:

• ECB will wait with monetary easing
• FED will cut interest rates by additional 50bp in first half of the year
• Domestic inflation reading neutral for PLN
• Moody’s to affirm Poland’s rating and its outlook
• Falling oil prices pose a downside risk to interest rate scenario
• Poland is the most resilient to COVID-19 among regional peers