National Bank of Poland
April 5, 2017
Poland’s 7-day repo rate has been at 1.5% since a 50-basis point reduction in August 2015. That was the tenth cut since November 2012. In that span, the rate fell 325 basis points from 4.75%. According to a released statement, Poland is experiencing consumption-led growth at a moderate pace, and with unit labor costs rising slowly, inflation is expected to rise only gradually. Chances for faster-than-anticipated price growth acceleration are “limited.”
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