Uruguay's Central Bank Raises Key Interest Rate to 9.25%: A Shift Towards Hawkish Monetary Policy

The Central Bank of Uruguay has recently announced a significant increase in its key interest rate, raising it from 8.75% to 9.25%. This decision comes as part of a broader strategy to combat rising inflationary pressures within the country, reflecting a decisive shift towards a more hawkish monetary policy stance.

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Poland's Central Bank Governor Maintains Hawkish Stance Despite Soft Economic Data

In the face of mixed economic signals, Poland's central bank governor, Adam Glapiński, reiterated his commitment to a hawkish monetary policy. Despite some recent soft data which suggests a slow-down in economic activity, Glapiński's stance remains firmly tilted towards controlling inflation. His observations come in light of the Polish economy's surprising resilience, even as other factors could indicate a need for caution.

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