Mateusz Morawiecki, the Polish prime minister, has said there is a chance that the central bank will cut interest rates before the end of this year.
Poland's central bank (NBP)’s rate-setting Monetary Policy Council (RPP) is not yet discussing ending the tightening cycle, the NBP governor has said.
The Monetary Policy Council (RPP) of Poland's central bank is prepared to hike interest rates, but sees no need to do so now, a council member has said.
Poland's core inflation, which excludes the prices of food and energy, measured 12.3 percent year on year in March 2023, up from 12.0 percent in February, the National Bank of Poland (NBP) said on Monday.
Poland's current account surplus rose to EUR 2.59 billion at the end of February 2023, against a surplus of EUR 2.13 billion recorded at the end of January 2023, according to central bank figures released on Thursday.
Foreign direct investment (FDI) in Poland went up by 3.8 percent in 2022 to PLN 118.7 billion (EUR 25.43 billion), the central bank has reported.
Poland's inflation is rapidly falling from its record-high level in line with the National Bank of Poland's (NBP) projections, the NBP head has said.
A survey of economists by the National Bank of Poland (NBP) has predicted a 50-percent likelihood that GDP growth in 2023 will be in the range of -0.1 percent to 1.6 percent.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, has kept the reference interest rate at 6.75 percent.
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