19:23 6 June 2026
NBP: current interest rates are good
NBP Governor Adam Glapiński said Poland’s current interest-rate level is appropriate and high enough to stabilize inflation, with no reason to change it for now. In June, the Monetary Policy Council kept the reference rate at 3.75%. Inflation eased to 3.1% year over year in May, from 3.2% in April, while wage growth slowed and economic momentum weakened slightly. Glapiński said Poland’s inflation situation remains relatively good compared with many economies, and the country’s real interest rate is positive at about 0.6%.
He added that rate hikes could return to discussion if oil and fuel prices rose persistently or if government price support ended. GDP growth remains strong but slower, at 3.5% in Q1 2026.
