Poland's reference interest rate will remain at 0.10 percent, the country's Monetary Policy Council (RPP) said in a statement after a meeting on Wednesday.
Poland's inflation rate should decline from above 4 percent to 3-3.5 percent this year and to 3 percent in 2022, the finance minister has said.
The National Bank of Poland (NBP) will consider reversing its low interest rates policy no earlier than in mid-2022, the NBP governor has said, defying calls to raise the rates amid record-high inflation.
Poland's Monetary Policy Council kept all the National Bank of Poland interest rates unchanged, holding the reference rate at the all-time low of 0.10 percent, the central bank said in a statement released after a sitting of the Council on Wednesday.
The Polish zloty on Friday hit the lowest level against the euro in 12 years amid the central bank's dovish stance of keeping interest rates low.
The president of the National Bank of Poland has ruled out the possibility of an increase in interest rates this year and 2022.
Poland's reference rate will remain at 0.10 percent, said the country's Monetary Policy Council (RPP) in a statement after its meeting on Wednesday.
The head of the National Bank of Poland has not out ruled further interest rate cuts in the first quarter of 2021, despite rates being at a record-low level.
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