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Central Banks Stockpiled More Gold In May
05 Jul 2025 00:24 GMT
… continue to buy gold.”
The Polish central bank has exceeded that level and …
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Polish central bank holds rates but cuts seem imminent later this year
05 Jun 2025 08:29 GMT
The National Bank of Poland (NBP) kept its reference interest rate unchanged at 5.25% on June 4.
The decision to hold follows a cut of 50bp in May, the first reduction in NBP’s interest rates since 2023. The Polish inflation rate came in at 4.1% year on …
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NBG VICE PRESIDENT DISCUSSED COOPERATION WITH POLISH NATIONAL BANK
16 May 2025 20:07 GMT
… met with representatives of the central bank of Poland (NBP). As NBG reported, the …
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Poland’s gold reserves now larger than Europe Central Bank’s, says Polish central bank chief
09 May 2025 08:39 GMT
… accounts for 22% of the Polish central bank’s total reserves, above the …
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Polish Central Bank Signals Pause In Rate Cuts In June, But Is Not Done Yet
09 May 2025 08:11 GMT
Image Source: Pexels
The May press conference by central bank governor Glapiński aligned with our baseline monetary scenario. It signals a pause in June and a transition to a cycle of rate cuts by 25 basis points. The next cut is likely in July, following …
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Polish Central Bank to Cut Rates Just Before Election Yet Again
07 May 2025 06:04 GMT
Still, the pivot coming so close to a presidential ballot on May 18 has sown confusion among investors, drawing parallels with a parliamentary election in October 2023. Glapinski, an ally of the previous administration, cut rates at two consecutive …
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Poland's July rate cut not the start of a cycle, central bank chief says
03 Jul 2025 14:53 GMT
WARSAW (Reuters) -A 25-basis-point cut in Polish interest rates this week is not the start of a policy-easing cycle, central bank Governor Adam Glapinski said on Thursday, though he did not rule out another such move in September. Poland's central bank …
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Polish central bank holds rates as inflation outlook improves
03 Apr 2025 12:54 GMT
WARSAW, April 3 (Xinhua) -- Inflation in the coming quarters may be lower than previously expected, the Polish Monetary Policy Council (RPP) said in a statement on Wednesday.
The RPP, a body of Poland's central bank, concluded its two-day meeting and …
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Polish Central Bank Chief Stumps Markets With Rate Cut Pivot
04 Apr 2025 07:01 GMT
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Polish central banker Adam Glapinski has an all-or-nothing style that’s hard to grasp for financial markets. A week after insisting there were no grounds for monetary easing, the governor said that he may personally file …
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Polish central bank seen keeping rates unchanged this week- Reuters poll
31 Mar 2025 09:47 GMT
By Karol Badohal
WARSAW (Reuters) – The National Bank of Poland (NBP) is expected to keep its main interest rate steady at 5.75% on Wednesday, a Reuters poll showed, as inflation stands near double the central bank target.
NBP Governor Adam Glapinski …