Article Tools

Poland: Interest Rate to Remain at Record Low

Published: December 10, 2013; 07:39 · (Vindobona)

In the first half of 2014, the National Bank of Poland (NBP) will not alter the reference rate, economists say.

Poland: Interest Rate to Remain at Record Low / Picture: © Flickr

As the danger of inflation remains low, policy makers are expected to keep the reference rate unchanged at 2.25% in 2014. This is the lowest rate in Poland´s history.

In the first half of 2013, Poland´s economy has bottomed out. After a GDP growth rate of 0.8% in the second quarter, the economy accelerated to 1.9%. In the fourth quarter, the annual growth rate is anticipated to…

This article includes a total of 209 words.

or Log In