Poland keeps rates unchanged on lower global growth
Solid growth and strong demand push inflation slightly over target
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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