{"id":22205,"date":"2011-07-06T13:38:00","date_gmt":"2011-07-06T17:38:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?guid=8d81cc42eb5862a2bbd0625ce12fcb83"},"modified":"2011-07-06T13:38:00","modified_gmt":"2011-07-06T17:38:00","slug":"poland-central-bank-holds-interest-rate-at-4-50","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/07\/06\/poland-central-bank-holds-interest-rate-at-4-50\/","title":{"rendered":"Poland Central Bank Holds Interest Rate at 4.50%"},"content":{"rendered":"

The\u00a0Narodowy Bank Polski<\/a><\/span>'s Monetary Policy Council maintained its benchmark 7-day interest rate unchanged at 4.50%. \u00a0The Bank said: "In the coming months, the annual CPI inflation rate will continue at an elevated level, mainly due to the strong growth in global commodity prices observed prior to the inflation increase." \u00a0The Bank also noted that it would "not rule out a further adjustment of monetary policy, should the outlook fro inflation's return to the target deteriorate".<\/span><\/p>\n


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The Bank also held unchanged the following rates: the rediscount rate at 4.75%, the Lombard rate at 6.00%, and the deposit rate at 3.00%. \u00a0The Bank last raised the interest rate<\/a> by 25 basis points to 4.50% in June this year<\/span>. \u00a0<\/span><\/font>Poland reported inflation of 5% in May, up from 4.5% in April, 4.3% in March, and higher than the Bank's official inflation target of 2.5% +\/- 1%.\u00a0<\/span>
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www.CentralBankNews.info<\/a><\/span><\/div>\n<\/p><\/div>\n

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The\u00a0Narodowy Bank Polski's Monetary Policy Council maintained its benchmark 7-day interest rate unchanged at 4.50%. \u00a0The Bank said: "In the coming months, the annual CPI inflation rate will continue at an elevated level, mainly due to the st…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22205","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22205"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22205\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}