Central Banks
Poland Leaves Rates Steady Again as Inflation Accelerates
- Poland keeps benchmark at 5.75%, in line with all 35 forecasts
- Inflation climbed to new 2024 high of 4.9% in September
Narodowy Bank Polski headquarters in Warsaw, Poland.
Photographer: Damian Lemański/BloombergThis article is for subscribers only.
Poland extended its period of interest-rate stability to one year after inflation picked up beyond the central bank’s tolerance range.
The Monetary Policy Council kept its benchmark at 5.75% in line with the forecasts of all 35 economists surveyed by Bloomberg. The decision comes after regional peers in the Czech Republic and Hungary both reduced rates and the Federal Reserve eased its monetary policy for the first time in four years with a half-point rate reduction.