warsaw june 6 reuters  polands central bank is expected to raise its main interest rate by 75 basis points to 600 on wednesday a reuters poll showed as it faces surging inflation and risks of slowing growth due to the ukraine war worries over growth have led other central banks in the region to signal that they will slow the pace of monetary policy tightening but despite a smallerthanexpected hike in may central bank governor adam glapinski said this was not the case in poland with inflation rising to 139 in may from 124 in june most economists expect the monetary policy council mpc to deliver a hike of the same magnitude as last months when it raised the main rate to 525 from 450 the mpc members are constantly confirming that they will continue the tightening cycle as long as inflation keeps growing said marta petkazagajewska head of the macro research team at pko bank polski which is forecasting a 75 basis point hike there is still no space for the mpc to even try to stop the tightening cycle however with sp global polands manufacturing purchasing managers index pmi showing a contraction in factory activity in may some economists think the national bank of poland nbp will again slow the pace of rate hikes despite higher growth and inflation we expect the nbp to slow the pace of tightening further to 50bp at its upcoming june 8 meeting morgan stanley analysts wrote in a note growth and inflation data continued to surprise to the upside against the nbps forecast but the underlying details revealed a deterioration in the growth quality mix and core inflation gaining pace at a slower rate of 20 analysts polled 15 forecast a 75basispoint hike four expected 50 basis points and one saw a 100basispoint increase