National Bank of Poland
February 3, 2016
Poland’s council of monetary policymakers last changed the key reference interest rate in March 2015. That move was a reduction as were nine changes totaling 275 basis points between November 2012 and January 2014. Poland has negative inflation but economic growth that’s somewhat faster than 3.0%. According to a released statement, deflation hasn’t impeded appropriate decisions by economic agents, and core inflation is expected to increase gradually. Future policy will be data driven.
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