Poland cuts interest rates by 50 basis points
Poland's central bank on Wednesday trimmed key interest rates by 50 basis points, in the first change to the country's interest rate regime since October 2023, amid signs of subsiding inflation. The Warsaw headquarters of the National Bank of Poland (NBP).Photo: PAP/Tomasz Gzell The move by the Polish central bank's rate-setting Monetary Policy Council means that the reference rate will be lowered from 5.75 percent to 5.25 percent,