The development and technology minister said on Friday that Poland wants to introduce housing loans with a fixed 2 percent interest rate for a period of 10 years, with the actual interest rate difference covered by the state.
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.
The head of the National Bank of Poland (NBP) has said he hopes it will be possible make the first cut in interest rates at the end of 2023.
The head of the National Bank of Poland (NBP) has said a recent cycle of interest-rate hikes is merely on hold rather than formally at an end.
Poland's governing Law and Justice (PiS) party will introduce measures that would allow household energy prices to remain at the present level up to 2,000 KWh, its leader, Jarosław Kaczyński, said on Tuesday at a meeting with voters in Pruszków near Warsaw.
The National Bank of Poland's (NBP) rate-setting body is likely to continue its cycle of interest rate hikes until it makes sure inflation is going down permanently, the NBP governor has said.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 100 basis points (bps) to 4.50 percent on Wednesday, surprising economists who expected half the increase.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 75 basis points (bps) to 3.50 percent on Tuesday.
The Monetary Policy Council (RPP), the Polish central bank's rate-setting body, increased the reference interest rate by 50 basis points to 2.75 percent on Tuesday.
A series of hikes by Poland's Monetary Policy Council (RPP) will boost the interest rate to 3.5 percent in July, a leading economic think-tank has predicted.
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