The Polish Monetary Policy Board, an organ of the People’s Bank of Poland, raised the base interest rate in the country to 6.75%. Message about it published Press service on the website of the Bank of Poland.
The base interest rate in the republic was last at this level in 2002 and 2003.
The regulator is raising interest rates for the 11th consecutive year. From October 2021, the base rate was increased from 0.1% to 6.75%. This indicator affects the rate of lending of the population to credit institutions.
The Polish Central Bank also increased the Lombard rate to 7.25% and the deposit rate to 6.25%.
In August, the press service of the Polish Main Statistics Office (GUS) reportedHe said that in the second quarter of 2022, inflation in the republic surpassed wage growth for the first time in 10 years.
Polish Prime Minister Mateusz Morawiecki this week said In an interview with Polish Radio, he said that the government plans to introduce mechanisms to regulate electricity prices for different categories of consumers.
Source: Gazeta
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