Bank of Poland

Bank of Poland

October 4, 2017

Poland’s central bank reference interest rate has been at 1.5% since a series of reductions ended with a pair of 50-basis point cuts in January and March 2015. The benchmark had been at 4.75% prior to November 2012. Poland’s Monetary Policy Council released a statement after this week’s policy review that noted continuing low core […] More

Narodowy Bank Polski

June 3, 2015

Poland’s monetary policy council left its key policy rate at 1.5% and kept the 2.5% Lombard rate and 0.5% deposit rate unchanged.  In today’s statement, officials defended the preference for keeping this record low interest rate over easing policy further or tightening prematurely. Due to the moderate growth in demand and the continuing negative output […] More