The interest rate cut, from 6.75% to 6%, is Poland’s first in three and a half years.
NBP
Core inflation in Poland continues to rise, reaching 20-year high of 11.5%
Core inflation, which excludes volatile food and fuel prices, is seen as a more accurate indicator of prices that can be influenced by monetary policy.
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Negative interest rates introduced by a Polish bank for first time
Poland’s banking sector has been hit hard by the pandemic.
