Reference rate
4.75%
as of 2026-02-04
Next meeting
Jun 3
T-7d
Narodowy Bank Polski (NBP) is Poland's central bank, with a constitutional mandate to maintain the value of the Polish złoty. The Monetary Policy Council sets the NBP reference rate at roughly monthly meetings on a pre-announced schedule.
Policy decisions are announced on the dates above. Source: official central bank schedules.
Reference rate
4.75%
As of 2026-02-04
PLN 2026 consensus
3.50
median of 18 banks
Next macro event
Inflation Rate YoY (May)
3 most-recent items prefer LLM synthesis where available
The desk interprets the National Bank of Poland's recent shift towards a more hawkish stance as a significant signal for potential monetary tightening. Per the full note [source], the central bank's…
The desk anticipates that the National Bank of Poland (NBP) will maintain its current policy rates despite rising energy prices and an unexpected uptick in April's Consumer Price Index (CPI). Per the…
The desk interprets Goldman Sachs' recent commentary as a signal that while GBP/EUR weakness is postponed, it remains a looming concern, with a target of 1.09 by the end of 2026. Per the full note…
Reports referencing NBP across covered research desks
FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from eight institutional desks. No promotion.