Interest rates down. MPC decision
After the decision of the RPP Pwithdrawal interest rate of the National Bank of Poland will be 5.25 percent. Such a decision does not surprise. The president of the NBP recently suggested it Adam Glapiñski. During the last press conference, he explicitly reported that the Monetary Policy Council changed his attitude to the pigeons, i.e. those that assume a milder monetary policy.
Donald Tusk's reaction
“Interest rates are finally reduced. Better late than never. It will be easier to get apartment. No context ” – he wrote on the platform x prime minister Donald Tusk. This is the first such decision of the Council since October 2023. Earlier, the feet were not changed by 17 meetings in a row. “Unfortunately, it is the decisions of your government that cause further inflation impulses,” Zbigniew Kuźmiuk replied to Prime Minister with PIS.
Such a move was anticipated by analysts
This scale of cutting was a prevailing scenario among most economists and experts. Some even mentioned a reduction of 75 points. “President Glapiński recognizedthat maintaining high feet harms not only to Poland and the government, but also PiS candidate Karol Nawrocki” – Ryszard Petru commented, among others, in social media.
“Economics more important than political favor”
“The MPC shows that economics is, however, more important than political favor,” said Lewiatan economist Mariusz Zielonka. “The zloty remains stablebut it is worth noting that the biggest reaction to the gold and bonds was a month ago when it occurred Changes in communication in the MPC” – emphasizes XTB Polska.
When will the loan installments go down?
After Wednesday's decision, the MPC can be expected by lower installments, although this will not happen immediately. The moment of their lowering depends on the dates of updating the WIBOR indicatorwhich are different in different banks. The loan installment can be addicted either on the WIBOR 3M rate – three -month or WIBOR 6M – six months. This means that some borrowers can already have a lower installment, others will wait a few months for it.
See also: Finally there is a reduction in the feet. More on this subject in the text “There is a cut! The Monetary Policy Council has reduced interest rates”.