Prime Minister Donald Tusk comments on the decision on interest rates

3959d4e936e88f72cbf2fe020c025bb9, Biznes Fakty

The Monetary Policy Council has reduced interest rates TVN24

Better late than never – stated Prime Minister Donald Tusk on Wednesday. Previously, the Monetary Policy Council had decreased interest rates for the first time since October 2023.

„Interest rates have finally been lowered. Better late than never. Acquiring an apartment will be more accessible. Without further context,” the Prime Minister remarked in a social media comment.

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At the end of April, Prime Minister Donald Tusk urged for a reduction in interest rates. „The battle against the elevated prices from the PiS era is yielding results. It is high time, Mr. Glapiński, to lower interest rates. Citizens and businesses are awaiting!” – he expressed.

MPC’s resolution on interest rates

During its meeting on May 6-7, 2025, the Monetary Policy Council decreased all NBP interest rates by 50 basis points, including the reference rate to 5.25 percent, as announced by the central bank in a statement. This decision aligned with market expectations.

The Lombard rate dropped to 5.75 percent per annum, the deposit rate to 4.75 percent, the rediscount rate for bills of exchange to 5.30 percent, and the discount rate for bills of exchange to 5.35 percent.

From October 2023 to April 2025, the Monetary Policy Council kept the reference rate steady at 5.75%.

On Thursday, May 8 at 3:00 p.m., a press conference will be conducted by the President of the National Bank of Poland, Adam Glapiński.

Interest rates in Poland and Europe PAP/Michał Czernek

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