NBP Cut Interest Rate Again

Politics ♦ Published: February 7, 2013; 13:42 ♦ (Vindobona)

The Council of the National Bank of Poland decided to decrease the interest rates by 0.25 percentage points.

NBP Cut Interest Rate Again / Picture: © Vindobona.org

Incoming data show that global economic activity remains low. In 2012 Q4, economic growth in the United States declined, while the euro area most probably remained in recession. At the same time, recently some business indicators for developed countries have slightly improved. There are also signs that in some major emerging economies economic growth accelerated…