Monetary Policy Council

Goldman Sachs predicts 75-bps interest rate hike in July

Justin Lane/PAP/EPA

Analysts at investment bank Goldman Sachs (GS) have predicted a 75-basis point increase in interest rates at the next sitting of Poland's Monetary Policy Council (RPP), scheduled for July 7.

Poland likely to start cutting interest rates at end-2023

The governor of Poland's central bank has announced that Poland seems to be getting closer to the end of the monetary policy tightening cycle rather than to its beginning.

Poland's central bank raises reference interest rate by 75 bps

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 75 basis points (bps) to 6.00 percent on Wednesday.

Interest rate hikes to continue says MPC member

Poland's rate-setting Monetary Policy Council (MPC) will likely continue to raise interest rates on a monthly basis, without breaks, Ludwik Kotecki, a member of the council, has said.

Central bank governor sees GDP growth slowing in 2023

Poland's economic growth rate will fall in 2023 to around 3 percent, the National Bank of Poland (NBP) governor said on Friday.

Central bank to continue raising rates till inflation drops permanently

The Monetary Policy Council (RPP) of the National Bank of Poland (NBP) will continue to raise interest rates until it is sure that inflation has permanently reduced, the NBP's governor said on Friday.

Poland's central bank raises reference interest rate by 75 bps

The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 75 basis points (bps) to 5.25 percent on Thursday.

Manufacturing costs boost inflation in recent quarters says lobby

Poland's high inflation in recent quarters has been fuelled by rising manufacturing costs owing to growing prices of oil and gas as well as government decisions, the Polish Chamber of Commerce (KIG) has said.

National bank head confident economy can ride out interest rate hikes

Adam Glapiński, the president of the National Bank of Poland (NBP), said on Thursday that market sentiment remains strong, and that there is no risk of the economy drifting into stagnation due to rising interest rates.

Ukraine war drives up inflation, central bank head warns

Russia's war on Ukraine has driven up inflation, the head of the National Bank of Poland (NBP) said on Thursday.

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