Poland Cuts Rates By 25 Bps, Fourth Cut In A Row
Poland’s central bank cut its key reference rate by another 25 basis points to 3.75 percent, its fourth rate cut in a row. The National Bank of Poland (NBP), which cut rates by 50 basis points in 2012, also cut its other rates by 25 basis points, pushing the lombard rate to [...]
Poland’s central bank cut its key reference rate by another 25 basis points to 3.75 percent, its fourth rate cut in a row.
The National Bank of Poland (NBP), which cut rates by 50 basis points in 2012, also cut its other rates by 25 basis points, pushing the lombard rate to 5.25 percent, the deposit rate to 2.25 percent and the rediscount rate to 4.0 percent.
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