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Euronews

Poland cuts key interest rate by a quarter point as inflation eases

Poland Inflation ING United States

Poland’s central bank cut borrowing costs on Wednesday, lowering its benchmark rate by 25 basis points to 4.75%, matching forecasts.

This came after inflation eased to 2.8% in August, marking the lowest level since summer 2024. The total is also dramatically lower than the peak of over 18% seen in 2023.

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