MPC cut interest per cent. 50 bps above expectations – Virtual Poland

Warsaw, 04.03.2015 (ISBnews) – The Monetary Policy Council (MPC) cut interest rates by 50 basis points – ie. To 1.50% for the main reference rate, the central bank said. This decision is in line with expectations. O h. 16.00 press conference MPC.

From March 5 lombard rate will be 2.50%, the deposit rate – 0.50%, the rediscount rate – 1.75%, stated in a press release.

All (14) analysts surveyed by the agency ISBnews expected to return to the easing of monetary policy this month and a reduction of 25 basis points, although some pointed out that there may be a deeper reduction.

The last interest rate reduction took place in October of last year MPC then wrote in his statement that due to the uncertainty about the future economic situation, does not rule out further monetary policy adjustment.

(ISBnews)