Showing posts with label Poland Economy. Show all posts
Showing posts with label Poland Economy. Show all posts

Thursday, May 12, 2011

Why Poland's Central Bank Increased Interest Rates

The National Bank of Poland increased its reference rate by 25 basis points to 4.25% (and increased its other interest rates by 25bps: lombard rate 5.75%, deposit rate 2.75%, and rediscount rate 4.50%). The move marks the Bank's 3rd interest rate increase this year as the emerging East European economy faces rising inflation pressures.

http://seekingalpha.com/article/269545-why-poland-s-central-bank-increased-interest-rates