Locked content ECB leaves interest rates without changes

The European Central Bank (ECB) decided to keep interest rates at its current levels, the bank said. ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00 percent, 0.25 perc...

Locked content RPP keeps interest rates unchanged

The Monetary Policy Council (RPP) decided to keep interest rates unchanged. The NBP’s reference rate still stands at 1.5 percent, the lombard rate at 2.50 percent, the deposit rate at 0.50 percent and the rediscount rate at 1.75 percent. This decision is in line with analysts’ expectations. In...

Locked content Interest rates may hike in 2019 – RPP Member

Łukasz Hardt, member of Poland’s Monetary Policy Council (RPP) said that interest rates hike is likely in 2019 due to the negative influence of protectionism on global disinflation. “For me personally, a possible rate cut is very unlikely,” Hardt said. He explained that Germans are prepa...

Locked content Interest unchanged possibly through 2020 – NBP head

Interest rates will “almost certainly” remain unchanged by end-2019 and possible also in 2020, said NBP head Adam Glapiński, after the Monetary Policy Council (RPP) decided to maintain current interest rates level yet again at its May sitting. The reference rate has been at 1.5 percent, Lombard rate...

Stable interest rates longer than expected – RPP ‘minutes’

During the April meeting of the Monetary Policy Council (RPP), the council agreed that interest rates should remain unchanged and that the likelihood that they will remain stable over the next quarters has increased, according to the “minutes” from the meeting published by the NBP. The majority of R...

NBP head: rate hike possible to in 2019 due to high wage growth

While interest rates should remain unchanged this year, there is a possibility of a hike in 2019, Central Bank’s (NBP) head Adam Glapiński said. “If they are raised in the future it will mean that there is a certain reason for this, such as rapid wage growth or prices will grow due to a specific rea...