Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Polish Economy, Inflation Require Half-Point Rate Cut, BNP Says

Polish economic and inflation data would justify a half-point interest-rate reduction and the central bank’s decision next week will probably be “a close call,” said Michal Dybula, an economist at BNP Paribas SA.

While a 50 basis-point rate cut was defeated six votes to four at November’s meeting, according to minutes published today, and was probably rejected by a slim margin again in December, a quarter-point reduction is more likely this month, Warsaw-based Dybula wrote.

Polish manufacturing contracted for a ninth month in December, according to a purchasing managers’ index published today by HSBC Holdings Plc. The inflation rate dropped to a two-year low in November amid the weakest consumer demand in almost 10 years.

The bank will cut its key rate by another 125 basis points through June, bringing it to 3 percent, BNP forecasts.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.