Polish central bank cuts rates again

Glapiński again denounces critics, as inflation falls below 10% but remains above target

Adam Glapiński
National Bank of Poland governor Adam Glapiński

The National Bank of Poland’s (NBP) monetary policy committee lowered rates again on October 4, after inflation fell but remained above target.

The MPC cut its reference rate by 25 basis points to 5.75%, and lowered four linked rates by the same amount. This was smaller than its 75bp cut in September, which surprised market analysts and sparked strong criticism from opposition politicians.

Year-on-year headline inflation fell for the eighth consecutive month in September to 8.2%, but remained

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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