The National Bank of Poland (NBP) released a statement emphasizing that all decisions it made were and are “in accordance with the law.” The coalition agreement signed by the leaders of the Civic Coalition, the Third Way (Poland 2050 and PSL) and the New Left assumes, among other things: bringing to constitutional responsibility “those responsible […]
Tag: Polish National Bank
Important conference of the President of the National Bank of Poland. The subject is attacks on the institution
Anyone who baselessly attacks the NBP damages its prestige and directly harms the well-being of Poland – said the President of the National Bank of Poland, Prof. Adam Glapinski. A conference by Prof. Adam Glapinski took place on Friday. The President of the National Bank of Poland has raised several important issues, including related to: […]
“We are witnessing a great success.” President of the National Bank of Poland: Inflation is skyrocketing
We are witnessing a great success. I am sorry that this success happened just before the elections, said NBP Chairman Adam Glapiński. The Monetary Policy Council decided on Wednesday to cut interest rates by 0.25 points. per cent – Poland has achieved moderate inflation and is very quickly moving towards the so-called inflation. Creeping inflation, […]
Interest rates. The Monetary Policy Council has made a decision
The Monetary Policy Council (MPC) decided to cut interest rates by 0.25 points. percent – the National Bank of Poland announced in a statement. A meeting of the Monetary Policy Council took place on 3 and 4 October. The Monetary Policy Council decided to cut the NBP interest rate by 0.25 points. percent To the […]
What will inflation be in the coming years? The MPC presented its assumptions
Inflation will continue to decline in the second half of 2023 and beyond – according to the ‘Monetary Policy Assumptions for 2024’ adopted by the Monetary Policy Council. “Available forecasts indicate that inflation will continue to decline in the second half of 2023 and in subsequent years, which will be driven by the effects of […]
Core inflation down. New NBP data
Core inflation excluding food and energy prices was 11.1 percent. in June 2023 on an annual basis at 11.5 percent. y/y in May 2023, the National Bank of Poland (NBP) announced. According to the National Bank of Poland, the market consensus was 11.1 percent. y/y The NBP also reports that core inflation excluding administered prices […]