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.

Copyright 2016, Larry Greenberg.  All rights reserved.  No secondary distribution without express  permission.

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