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Monetary Policy Council

More rate hikes unlikely says RPP member

In December Masłowska told PAP Poland stood a chance of an interest rate cut in 2024, while a cut in 2023 seemed less likely and could take place only amid extraordinary macroeconomic circumstances. Tomasz Gzell/PAP

Poland's rate-setting Monetary Policy Council (RPP) is unlikely to increase interest rates again as the hikes so far have had sufficient effect, an RPP member has said.

Interest-rate hike cycle not over says central bank head

The Polish central bank's interest-rate hike cycle is not over yet, the bank's head, Adam Glapiński, said on Thursday.

Poland to experience big economic slump central bank head warns

Poland will experience a strong economic slump in 2023, the head of the country's central bank said on Thursday.

Rate setter says paused hikes will drive down inflation

Poland's rate-setting body has argued that the 11 interest hikes it has carried out so far should be enough to bring down the consumer price index (CPI) amid weakening global sentiment and inflation falling across major countries.

Monetary council keeps interest rates unchanged

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, has kept the reference interest rate at 6.75 percent.

Current interest rate level is optimal says central bank head

Poland's Monetary Policy Council (RPP), the Polish central bank's rate-setting body, believes that the current interest rate level is optimal, the central bank governor has said.

Poland will not fall into recession says central bank head

Poland's central bank, the National Bank of Poland (NBP), does not predict a recession in the country, but economic growth may fall to zero, the central bank governor has said.

Inflation to remain high in short term says rate-setter

Inflation in Poland will remain high in the short term, and its return to the central bank's target band will be gradual, the Monetary Policy Council (RPP) said in a statement after a no-change rate decision on Wednesday.

Monetary council keeps interest rates unchanged

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, has kept the reference interest rate at 6.75 percent.

Today’s news round up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

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Top 5 articles:

  • Over 100,000 slaughtered with axes, pitchforks, scythes and knives: The Wołyń massacre started 76 years ago today and lasted for two years
  • The systematic massacre of all children under 10 will forever be a stain on humanity, says TFN’s Stuart Dowell
  • Mayor offers reward to first couple to have a boy in village where only girls are born
  • It’s official! Kraków is the best place in Europe for food, says European Academy of Gastronomy
  • Poland in COVID-19 LOCKDOWN! PM orders bars, restaurants, shopping centres and borders closed - and cancels ALL flights
Culture | Life

Jerzy Skolimowski's ‘emotional’ road movie about a melancholic donkey is nominated for 2023 Oscars

Chosen alongside All Quiet on the Western Front, Santiago Mitre's Argentina 1985, and the Banshees of Inisherin, Skolimowski’s film is billed as a dark exploration of humanity, technology and nature.

The first report:

  • Poles second-largest foreign-born group in England, Wales
  • Russia accuses Poland of hostile plans against Ukraine says security official
  • Two dead, four hurt in Katowice presbytery blast
  • Ukrainian president thanks Poland for another batch of tanks
  • Poland remembers Holocaust victims

Exclusive

Rzeszów scientists develop phone battery that charges in eight minutes and lasts 68 YEARS!

Produced by The Batteries, the new technology has already been dubbed “a game changer” by the industry press, with the firm hoping to begin large-scale production once work on their “pilot factory” is finished.

The Debrief
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