Poland keeps rates unchanged on lower global growth

national-bank-of-poland

The National Bank of Poland kept interests rates unchanged after its monetary policy meeting today (September 11).

As a result, the reference rate stays at 1.5%, the Lombard rate at 2.5%, the deposit rate at 0.5%, and the rediscount rate at 1.75%.

“In the council’s assessment, the outlook for economic conditions in Poland remains favourable, and GDP growth will continue at a relatively high level in the coming years,” says the policy statement.

GDP expanded year-on-year by 4.5% in the second

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