Narowdowy Bank

National Bank of Poland Retains a Record Low 1.5% Policy Interest Rate

July 8, 2015

A sequence of nine 25-basis points reductions and two cuts of 50 basis points beginning in November 2012 was punctuated by one of the two larger moves this past March.  As after a prior meeting in early June, monetary officials in Poland today released a statement providing a neutral policy bias. In the opinion of […] More

Key Polish Central Bank Rate Kept at 4.5% as Expected

February 8, 2012

At the National Bank of Poland, also known as Narodowy Bank, the monetary policy reference rate was left unchanged as were the 3% deposit rate and 6% Lombard rate that flank it symmetrically.  Four 25-basis point increases were implemented in the first half of 2011 but none since June 8 of last year.  The reference […] More