Central Bank of Poland

Unorthodox Appointments, Service Sector PMIs, and an Early Market Close in the United States

July 3, 2019

The dollar recorded scant net change Wednesday aside from 0.6% declines against the Australian and New Zealand dollars. Share prices fell 1.1% in China and 0.5% in Japan but were buoyed  in Europe and the United States by some unexpected key appointments that investors are perceiving as a harbinger of more forceful easy money policies. […] More

Central Bank of Poland

May 6, 2015

Poland’s Monetary Policy Council left its reference interest rate at 1.50% as expected.  The Lombard and deposit rates were not changed either and remain at 2.5% and 0.5%.  There have already been two key rate reductions this year, each by 50 basis points in January and March.  From November 2012 through July 2013, the reference […] More

Central Bank of Poland

April 15, 2015

Having cut the reference interest rate by 50 basis points to 1.50% at the prior meeting on March 4, Poland’s Monetary Council elected not to ease further at today’s meeting.  The March action was the first one since January 2014, when it was also reduced by 50 basis points.  Since November, the rate has been […] More