The 50-basis-point cut to 5.25% was in line with market expectations.

The 50-basis-point cut to 5.25% was in line with market expectations.
Adam Glapiński suggests that, because elections are being held this month, they are trying to hide the “great success” in tackling inflation.
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The announcement followed public criticism of the bank by two members of the council recently appointed by the opposition-controlled Senate.
Borrowers would be allowed to take four-month “credit holidays” both this year and in 2023.