Poland cuts rates against backdrop of falling inflation
Central bank lowers projections for price growth, while warning of geopolitical uncertainty
Poland’s central bank has eased policy by 25 basis points, citing a continued fall in domestic inflation.
The National Bank of Poland (NBP) announced the decision, which takes its benchmark reference rate to 3.75%, following a meeting of its monetary policy council on March 3–4. The cut also takes the bank’s lombard rate to 4.25%, its deposit rate to 3.25%, its rediscount rate to 3.8% and its discount rate to 3.85%.
Citing preliminary data from the national statistics office, the NBP said
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