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National Bank Holds Rates Steady Amid Stubborn Inflation
The Monetary Policy Council (MPC) announced it is keeping the key reference rate at 4.75%. While inflation has eased to 5.2%, it remains above the NBP target, prompting a continued cautious stance. Governor Adam Glapiński warned that geopolitical risks still pose significant upside pressure on prices.
The Monetary Policy Council (MPC) announced it is keeping the key reference rate at 4.75%. While inflation has eased to 5.2%, it remains above the NBP target, prompting a continued cautious stance. Governor Adam Glapiński warned that geopolitical risks still pose significant upside pressure on prices.
