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National Bank of Poland

PLN ยท Official Website

Latest Statement

๐Ÿ•Š๏ธ Dovish
Press release from the meeting of the Monetary Policy Council held on 2-3 December 2025
2025-12-03

The Monetary Policy Council of the National Bank of Poland has decided to reduce interest rates by 0.25 percentage points, setting the reference rate at 4.00%. This decision reflects the Council's ongoing efforts to support economic growth amid changing economic conditions.

โšก Rate
โ†‘0 โ†“1 โ†’0
๐Ÿ“ Classified Sentences
โšก Rate Cutmp_interest_rate
"The Council decided to decrease the NBP interest rates by 0.25 percentage points."

Economic Indicators

Policy Rate4.00%
USD/PLN3.5839
GDP Growth3.0%
M2 Growth8.9%
10Y Yield5.10%
2y10y Spread-0.15%
HISTORICAL TRENDS
Policy Rate
6.754.00
FX Rate
3.593.51
CPI
14.4-0.66
GDP
6.93-2.04
10Y Yield
5.945.10
2Y-10Y Spread
Stance
50.00.00

Recent Statements

NBP MPC Press Release - 2025-12-01 ๐Ÿ•Š๏ธ Dovish
2025-12-01
โšก Rate
โ†‘0 โ†“1 โ†’0
๐Ÿ“ Classified Sentences
โšก Rate Cutmp_interest_rate
"The Council decided to cut the NBP reference rate by 0.25 percentage points, i.e. to 4.00%."
Press release from the meeting of the Monetary Policy Council held on 4-5 November 2025 ๐Ÿ•Š๏ธ Dovish
2025-11-05
โšก Rate
โ†‘0 โ†“1 โ†’0
๐Ÿ“ Classified Sentences
โšก Rate Cutmp_interest_rate
"The Council decided to decrease the NBP interest rates by 0.25 percentage points."
NBP MPC Press Release - November 1, 2025 ๐Ÿ•Š๏ธ Dovish
2025-11-01
โšก Rate
โ†‘0 โ†“1 โ†’0
๐Ÿ“ Classified Sentences
โšก Rate Cutmp_interest_rate
"The Council decided to cut the NBP reference rate by 0.25 percentage points, i.e. to 4.25%."
NBP MPC Press Release - 2025-10-01 ๐Ÿ•Š๏ธ Dovish
2025-10-01
โšก Rate
โ†‘0 โ†“1 โ†’0
๐Ÿ“ Classified Sentences
โšก Rate Cutmp_interest_rate
"The Council decided to cut the NBP reference rate by 0.25 percentage points, i.e. to 4.50%."
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