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Thursday, February 9, 2023

Interest rates are unchanged. Adam Glapinski’s conference starts

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George
George
I am George Brown, author at Daily News Hack. I mostly cover economy news and I have been doing this for quite some time now. I have a lot of experience in this field and I'm always looking for new opportunities to learn more.

The Monetary Policy Council decided to keep interest rates in Poland at the current level. The press conference of the President of the National Bank of Poland, Adam Glapinski, begins, at which he will explain the reasons for the decision of the VKP.

The Monetary Policy Council (MPC) kept the base rate at 6.75. The Lombard rate is 7.25 percent, the deposit rate is 6.25 percent, and the rediscount rate is 6.80 percent. in year.

interest rates. Analysts agree on their predictions

This was not surprising; most economists expected such a move from MPC. The main reason why analysts do not see the need to raise rates is the expected decline in inflation. Although it will increase in February and March (possibly exceeding the level of 20%), from April it will probably start to decrease.

The article will be updated soon.

Designed by: Martina Koska
Source: WPROST.pl

Source: Wprost

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