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Tuesday, May 21, 2024

Interest rates. Decision and statement of the Monetary Policy Council [maj 2024]

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Interest rates unchanged. The Monetary Policy Council (MPC) decided to keep the NBP interest rates unchanged – it was announced in a statement on Thursday. The decision is in line with economists' expectations.

The May meeting was the seventh in a row when the Monetary Policy Council did not change interest rates. The main, reference NBP interest rate from October 5, 2023 is 5.75%.

Interest rates after the May MPC meeting

Interest rates:

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  • reference rate 5.75 percent on an annual basis,
  • lombard rate 6.25 percent on an annual basis,
  • deposit rate 5.25 percent on an annual basis,
  • rediscount rate of bills of exchange 5.80 percent on an annual basis,
  • bill of exchange discount rate 5.85 percent on an annual basis.

Inflation and interest ratesPAP

A press conference of the President of the National Bank of Poland and the Chairman of the Monetary Policy Council, Adam Glapiński, was announced for Friday. The conference is scheduled to start at 3 p.m.

More information coming soon.

Main photo source: TVN24

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