FOREX TradingCharts.com

Financial News: Poland Central Bank Holds Key Rate Steady

Poland Central Bank Holds Key Rate Steady

09/11/2019 - 09:21:00 (RTTNews)

(RTTNews) - Poland's central bank maintained its key interest rate at a record low on Wednesday, as widely expected.

The Monetary Policy Council decided to keep the key reference rate unchanged at a record low 1.50 percent, the National Bank of Poland said in a statement.

The previous change in the reference rate was a half-basis point reduction in March 2015.

The lombard rate was retained at 2.50 percent and the deposit rate at 0.50 percent. The rediscount rate was left unchanged at 1.75 percent.

Looking forward to the upcoming press conference by Poland central bankers, ING economist Rafal Benecki said the Council should maintain its bias for keeping interest rates unchanged.

Policymakers likely held an intense discussion on the effects of doubling the minimum wage and this could activate MPC hawks, leading to longer-term inflation outlook worries, the economist added.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Rosengren Warns Of Risks Of Further Monetary Policy Accommodation (37 min(s), 39 sec(s) ago)
(RTTNews) - With U.S. economic growth continuing at a solid rate despite the U.S.-China trade war, ...Full Story»

Bullard Explains Preference For Bigger Interest Rate Cut (01 hr(s), 19 min(s), 21 sec(s) ago)
(RTTNews) - St. Louis Federal Reserve President James Bullard was one of three voting members of t ...Full Story»

Eurozone Consumer Confidence At 4-month High (01 hr(s), 54 min(s), 21 sec(s) ago)
(RTTNews) - Eurozone consumer confidence improved in September to its highest level in four months ...Full Story»

Belgium Consumer Confidence Weakens For Second Month (02 hr(s), 47 min(s), 21 sec(s) ago)
(RTTNews) - Belgium's consumer confidence weakened for a second straight month in September, s ...Full Story»

India Cuts Corporate Tax Rates To Boost Growth (03 hr(s), 45 min(s), 21 sec(s) ago)
(RTTNews) - India's government on Friday announced a reduction in the corporate tax rate to bo ...Full Story»

Finland Current Account Logs Deficit In Q2 (03 hr(s), 55 min(s), 21 sec(s) ago)
(RTTNews) - Finland's current account logged a deficit in the second quarter, Statistics Finla ...Full Story»

Ireland Wholesale Price Decline Slows In August (04 hr(s), 28 min(s), 21 sec(s) ago)
(RTTNews) - Ireland's wholesale prices fell at a slower rate in August, data from the Central ...Full Story»

Slovenia Output Price Inflation Steady In August (04 hr(s), 30 min(s), 21 sec(s) ago)
(RTTNews) - Slovenia's output price inflation stable in August, figures from the Statistical O ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Rosengren Warns Of Risks Of Further Monetary Policy Accommodation

09/20/2019 - 13:45 PM (RTTNews)
(RTTNews) - With U.S. economic growth continuing at a solid rate despite the U.S.-China trade war, ...Full Story>>

Bullard Explains Preference For Bigger Interest Rate Cut

09/20/2019 - 10:48 AM (RTTNews)
(RTTNews) - St. Louis Federal Reserve President James Bullard was one of three voting members of t ...Full Story>>

Eurozone Consumer Confidence At 4-month High

09/20/2019 - 10:13 AM (RTTNews)
(RTTNews) - Eurozone consumer confidence improved in September to its highest level in four months ...Full Story>>

Belgium Consumer Confidence Weakens For Second Month

09/20/2019 - 09:20 AM (RTTNews)
(RTTNews) - Belgium's consumer confidence weakened for a second straight month in September, s ...Full Story>>

India Cuts Corporate Tax Rates To Boost Growth

09/20/2019 - 08:22 AM (RTTNews)
(RTTNews) - India's government on Friday announced a reduction in the corporate tax rate to bo ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.