Press release from the meeting of the Monetary Policy Council held on 6-7 May 2025

On 6-7 May 2025 the Monetary Policy Council held a decision-making meeting.

The Council decided to cut the NBP interest rates by 0.50 percentage points. The Council set the NBP interest rates at the following levels:

  • reference rate at 5.25% on an annual basis;
  • lombard rate at 5.75% on an annual basis;
  • deposit rate at 4.75% on an annual basis;
  • rediscount rate at 5.30% on an annual basis;
  • discount rate on bills of exchange at 5.35% on an annual basis.

The resolution of the Monetary Policy Council will enter into force on 8 May 2025.