Central Banks

Poland Has Little Room for Big Cuts in 2025, Central Banker Says

  • Deputy Governor Kightley says economic landscape has changed
  • Wage growth, consumer prices still buoying inflation in Poland

Poland has little room for significant interest rate cuts next year with wages and consumer prices buoying inflation and economic growth accelerating, the country’s deputy central bank chief said.

Marta Kightley, who works closely with Governor Adam Glapinski, said Poland’s economic landscape has altered since last year, when the central bank slashed the benchmark rate by a total of 100 basis points to 5.75%.