1 Monetary and Fiscal Policy and Its - amazonia.fiocruz.br

1 Monetary and Fiscal Policy and Its Video

At its meeting on 3 February, the National Bank of Poland NBP once again decided to maintain the reference rate at its historic low of 0.

The NBP also kept the lombard rate at 0. Moreover, the Bank reaffirmed its commitment to its quantitative easing program, with the continued purchasing of government bonds in the secondary market. It will also continue to discount credit aimed at refinancing loans granted to businesses by banks.

Poland Monetary Policy February 2021

The sharp rise in new Covid cases and the tightening of restrictive measures in Q4 will have weighed heavily on the economy in that period, particularly in the services sector. That said, the overall decline was likely smaller than Polich contraction seen in Q2 Meanwhile, on the https://amazonia.fiocruz.br/scdp/essay/is-lafayette-a-hidden-ivy/the-science-of-the-signs.php front, inflation ended the year at 2.

At the same time, we think that the NBP could step up both its government bond purchases and FX interventions to provide further accommodation.

Author: Hanna AnderssonEconomist. Looking for forecasts related to Monetary Policy in Poland? Download a sample report now. Read more.

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Monetary and Financial Sector. Precious Metals. Region Reports. Country Reports. Annual Subscriptions. FocusEconomics analysts see the reference rate ending at 0. Poland Monetary Policy Chart. Read more Poland: Business confidence improves in the first month ofalbeit remains in pessimistic territory January 27, Manufacturing-sector business confidence came in at minus 9.

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