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NBP president conference: What’s next with inflation, zloty and interest rates?

2021-04-09T15:16:16.448851

Pandemic conditions are unpredictable, nor are the rhythm of the delivery of whispers. If they happen, as the prime minister says, you can be optimistic, says Adam Glapiński.

2021-04-09T15:15:21.361265

Journalists are asking when the first interest rate hikes may take place.

2021-04-09T15:14:16.167424

The current wave of the pandemic and the tightening of restrictions have a very negative impact on the mood and economic activity. But the impact on the economy is smaller than in the previous year – adds the head of the NBP.

2021-04-09T15:13:11.361897

301 people watch the conference of the NBP president

2021-04-09T15:12:18.74529

High price dynamics

The higher dynamics of prices reflects the fact that Poland is best undergoing the pandemic crisis economically and this is also the reason, emphasizes Adam Glapiński.


2021-04-09T15:10:23.117533

According to the NBP president, local governments may limit the increase in the prices of garbage disposal – he added that this problem concerns to a large extent the inhabitants of Warsaw.


2021-04-09T15:09:33.077961

Possible increase in inflation above 3.5%.

Possible increase in inflation above 3.5% is possible – emphasizes the head of the central bank.


2021-04-09T15:08:22.976692

Negative supply shocks are independent of monetary policy, and there is no excessive demand in the economy – the output gap persists.

2021-04-09T15:07:43.518771

In the CPI, we have the impact of increases in rubbish. I’ve talked about it a lot, maybe even too much. There are methods at the level of local governments that can limit the increase in prices – adds the head of the NBP

2021-04-09T15:06:45.371425

Inflation is boosted by energy prices, this is the effect of the EU climate policy – emphasizes the NBP governor.

2021-04-09T15:06:19.119871

NBP governor: I can repeat – the acceleration of inflation in February is a matter of fuel prices, a factor not related to the NBP policy, and a year ago we had a low.

2021-04-09T15:05:38.79076

Inflationary pressure dominated the first questions.

2021-04-09T15:04:20.44783

The first questions concern inflation risks and whether inflation will exceed the upper limit for deviations from the target (3.5%)?

2021-04-09T15:03:25.498965

The conference of the NBP president begins.

2021-04-09T15:01:54.525213

The broadcast will start in a few minutes, NBP reports.

2021-04-09T14: 51: 26.010638

Interesting fact before the conference of the NBP president:
What’s the difference between the 2019 and 2021 NBP spot? One sentence: “NBP supports cash turnover”

2021-04-09T14: 40: 42.139733

This is how MPC members looked at the economy and the future of monetary policy in March


2021-04-09T14: 38: 20.464827

Interia survey: According to economists, interest rates in Poland will not change quickly

2021-04-09T14: 30: 26.172994

On Wednesday, the MPC did not change interest rates – the main rate is still record low and amounts to 0.1%.

2021-04-09T13: 51: 50.868924

The President of NBP will answer journalists’ questions

Today at 3:00 p.m. a conference of the President of the National Bank of Poland, prof. Adam Glapiński, devoted to the assessment of the current economic situation in Poland.


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