Polish Policymakers Eye Half-Point Rate Cut as Zloty Sinks

Two Polish policymakers threw their weight behind an interest rate cut of as much as 50 basis points next month, a day after central bank Governor Adam Glapinski unexpectedly pivoted toward monetary easing.

The governor’s self-described “radical shift” in the outlook for interest rates continued to depress Warsaw-listed stocks and the zloty on Friday. The Polish currency has weakened 2.2% against the euro over the last two days amid a sharp global selloff stoked by new US tariffs.