National Bank of Poland
May 16, 2018
A 1.5% central bank reference interest rate will continue to be flanked by a 0.5% deposit rate and a 2.5% lombard rate. In a released statement, officials note “persistently low domestic inflationary pressure across many countries” and predict that Polish inflation will likely stay near its target pace through the monetary policy transmission horizon. On-year GDP growth last quarter was 5.1% and will remain ample, albeit a bit lower, in the future.
Copyright 2018, Larry Greenberg. All rights reserved. No secondary distribution without express permission.
Tags: National Bank of Poland
ShareThis
