There is a decision of the Monetary Policy Council regarding interest rates
Quick Look
- The Monetary Policy Council decided to maintain the NBP interest rates at the current level.
- The reference rate remains at 3.75%.
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Why It Matters
The Monetary Policy Council is responsible for setting interest rates in Poland, which affect borrowing costs and inflation.
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According to the statement of the National Bank of Poland, the Monetary Policy Council decided to leave all interest rates at the current level.
The NBP reference rate is still 3.75%. It is of key importance, among others: for the cost of money in the economy and the interest rates on some loans.
The deposit rate is 3.25 percent, the lombard rate is 4.25 percent, the bills of exchange rediscount rate is 3.8 percent, and the bills of exchange discount rate is 3.85 percent.
Open Questions
- What were the arguments for maintaining rates?
Related Topics
This article was originally published by RMF24.
