Tag: interest rates

Higher mortgages are up to 300 euros more. But there are also those who rejoice

Higher mortgages are up to 300 euros more. But there are also those who rejoice

The European Central Bank’s tenth consecutive interest rate hike is causing a range of effects on the economy, markets and the daily lives of Europeans. From mortgage loans to deposit accounts, from investments to state budgets, Frankfurt’s policy aims to contain inflation and its negative effects, especially on the weakest segments of the population, but […]

Inflation in the Eurozone. The European Central Bank increases interest rates

Inflation in the Eurozone. The European Central Bank increases interest rates

The European Central Bank raised interest rates by another 0.25 percentage points. The reason for this is inflation in the eurozone, which remains above target. Justifying its decision, the ECB again indicated that it had raised rates enough to curb inflation, indicating that the series of increases could soon come to an end. “Based on […]

Mortgage and loan rates continue to rise: money has never been more expensive

Mortgage and loan rates continue to rise: money has never been more expensive

The sirens of economic stagnation, the contraction of credit and the doubts of economists and entrepreneurs did not stop the European Central Bank: the Frankfurt governing council decided to increase the reference interest rates even further. An increase of 25 basis points puts the bar at the highest point ever reached since the introduction of […]

European Central Bank came to the rescue of Italian banks: “No to taxes on extra profits”

European Central Bank came to the rescue of Italian banks: “No to taxes on extra profits”

The European Central Bank sides with Italian institutions and rejects the Meloni government’s tax on extra profits. According to the Frankfurt opinion signed by President Christine Lagarde, this tax would jeopardize banks’ ability to attract investors as well as loans to businesses. Additionally, being retroactive “could fuel the perception of an unclear tax framework and […]

Another rate cut? An important voice of the MPC

Another rate cut? An important voice of the MPC

Gabriela Masłowska of the Monetary Policy Council said another rate cut in October cannot be ruled out. – A further rate cut in October cannot be ruled out, but the National Bank of Poland’s November projection will be crucial for prospects for further monetary easing, said Gabriela Masłowska, member of the Monetary Policy Council. She […]

Economists at Poland’s largest bank predict further rate cuts

Economists at Poland’s largest bank predict further rate cuts

The Monetary Policy Council could cut interest rates by a total of 50 basis points by the end of the year, economists at PKO Bank Polski predict. On Wednesday, the MPC cut rates by 75 bps in the case of the reference rate to 6%. The Council’s decision surprised the market, which expected a rate […]

Interest rate reduction. Bartoszewicz commented on the MPC decision

Interest rate reduction. Bartoszewicz commented on the MPC decision

The Monetary Policy Council decided to cut interest rates. – They have competence. I assume they know what they are doing – Dr. Artur Bartoszewicz comments on the MPC’s decision. The Monetary Policy Council cut interest rates by 75 basis points in the case of the reference rate to 6%. The Council has set the […]

“An economic crisis cannot be allowed.” A wave of reactions after the MPC decision

“An economic crisis cannot be allowed.” A wave of reactions after the MPC decision

The Monetary Policy Council (RPP) decided to cut interest rates by 75 basis points. The decision sparked a wave of reactions. The MPC cut interest rates in the case of the reference rate by 75 bps to 6%. – the Polish central bank said in an official statement on Wednesday, quoted by ISBnews.pl. “The Council […]

Important MPC decision. Interest rates are falling sharply

Important MPC decision. Interest rates are falling sharply

At its meeting in September, the Monetary Policy Council (MPC) decided to cut interest rates by 75 basis points. The MPC cut interest rates in the case of the reference rate by 75 bps to 6%. – the Polish central bank said in an official statement on Wednesday, quoted by ISBnews.pl. “The Council has set […]

The finance minister announces a drop in inflation and a cut in interest rates

The finance minister announces a drop in inflation and a cut in interest rates

Inflation will reach single-digit levels in September, which will also push interest rates down, Finance Minister Magdalena Rzeczkowska believes. “Currently we are seeing a noticeable fall in inflation, which will already be in the single digits in September. We expect interest rates to fall as a result. At the same time, government actions, which fall […]

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