Fitch affirms Poland at 'A-' with outlook stable

WARSAW (Reuters) - Fitch Ratings has affirmed Poland's long-term foreign-currency issuer default rating (IDR) at 'A-' with a stable outlook, the agency said late on Friday.

The agency forecasts average inflation of 4.5% in 2025, and 3.7% in 2026, it said.

Given the inflation outlook Fitch expects two 25 basis points interest rate cuts in the second half of 2025 and four 25 basis points cuts in 2026.

(Reporting by Marek Strzelecki; editing by Diane Craft)