Polish monetary policy council divided on size of rate cut


The National Bank of Poland's benchmark interest rate was cut by 25 basis points to 4% by the monetary policy council in its January meeting, the third successive cut passed by the council, but minutes published yesterday revealed some members pushed for even greater easing.

Motions to cut the rate by first 150 and then 50 basis points were submitted and rejected, the minutes said, before an eventual reduction of 25bp was passed.

Some council members argued for a deeper cut in response to the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: