Interest rates unchanged. MPC: increase no sooner than next year – Polish Radio

therefore, the base rate will remain at $ 1.50 percent. the Lombard rate to 2.50%. Deposit rate to 0.50%. and leg redyskonta bills 1.75 percent.

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Low interest rates help the borrowers. When the MPC decides to raise them?

Chief economist of the Bank Societe Generale Jaroslaw Janecki indicates that the solution meets the experts ‘ forecasts.

the President of RUSSIA sees no reason to raise the stakes

the Chairman of the national Bank sees no reason to raise interest rates this year.

head of the national BANK and Chairman of the Board Professor Adam Glapiński stressed that at the moment sees no preconditions with the increase of the legs, despite the return of inflation in the Polish economy.

he Added that based on today’s data sees no reason to increase in 2017.

the Rise not earlier than next year

Professor Adam Glapiński expects a rate hike earlier than next year, assuming that the Polish economy will grow steadily.

Current level of the foot contributes to the economy

MPC supports the view that in the light of available data and projections, the current level of the foot contributes to the maintenance of the Polish economy on the path of sustainable growth, Yes, MPC would justify, in the message to leave interest rates unchanged.

Prices will rise, but moderately.

According to the read out of the President of the NBP message “in the assessment of the Council in the coming months the dynamics of prices will continue to rise, although it remains moderate.”

there will be an acceleration of economic growth with rising investment and consumption

“in Addition to higher than a year earlier, prices of energy, higher prices will contribute to the expected acceleration of economic growth, following the gradual growth of the dynamics of investment and stable consumption growth”, – says the message.

the base Rate will remain at $ 1.50 percent. the Lombard rate to 2.50%. Deposit rate to 0.50%. and leg redyskonta bills 1.75 percent. The solution is compatible with economists ‘ expectations.(

In December the annual growth of prices amounted to 0.8%, and this may accelerate the decision to raise interest rates.

After reducing interest rates by 50 pb in March 2015. The MPC announced that this decision means an end to the easing cycle of monetary policy.

during a press conference after the December meeting of the MPC, Chairman of the Board and Chairman of the National Bank of Poland Adam Glapiński maintained its position that one should not expect changes in interest rates in 2017.

IAR/PAP/ ” war and peace, Lord, jk