Domański: Rate cut in line with expectations. "We can see falling inflationary pressure"

The decision of the Monetary Policy Council was in line with market expectations, falling inflationary pressure is visible, Finance Minister Andrzej Domański told PAP Biznes.

"The decision was in line with market expectations. We see falling inflationary pressure, falling prices, for example of energy," Domański said.

"Lower interest rates will translate into lower debt servicing costs, although the interest rate market had of course already priced in this decision earlier," he added.

The Finance Minister pointed out that lower interest rates support economic growth and increase the availability of credit.

The Monetary Policy Council at its meeting on 6-7 May 2025 reduced all NBP interest rates by 50 basis points, including the reference rate to 5.25%. The decision was in line with market expectations.

Patrycja Sikora (PAP Biznes)

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