2025-04-24 15:24
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2025-04-24 15:24
There are conditions for reduction of percent rates. by 50 pb. At the MPC meeting in May, subsequent cuts would be possible in the fall, in all of 2025 by a total of 100-125 PB. – informed journalists member of the MPs Przemysław Litwiniuk. He added that if the MPP does not fall for a reduction of the feet at the May MPC meeting, he would submit it himself.
“Conditions specified by the President of the National Bank of Poland regarding the reasons for changing the parameters of monetary policy, and specifically a reduction in percent rates are pending in time. Data flowing from the economy confirm the legitimacy of a serious consideration of lowering the feet at the nearest May meeting. The issue is the issue of the scale of this reduction, whether 25 pb. Or 50 pb. Adaptation, “said Litwiniuk in the lobby of the European Economic Congress in Katowice.
“In my opinion, there are conditions for adapting the level of foot in the first half of the year, before the July projection, i.e. at the next meeting, by 50 pb. It may be worth considering whether to do it in two steps, in May and June, but at this moment there are no strong arguments in favor of this kind of action. Then, after observing the projection, inflation and GDP path, further decisions should be made on Autumn. I don't exclude another 50 pb.
Asked if he would vote for cutting the feet by 50 pb. In May he said: “If nothing changes until May 7, if such a conclusion does not fall, I will report it myself.”
In his opinion, further rate discounts could take place both in September and in October, both months are “just as good”.
“From the perspective of today, I believe that 100 pb. (In all of 2025 – PAP) is sufficient, but I do not exclude 125 pb.” he added. (PAP Biznes)
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