What is the interest rate?  Expert explains why we pay higher premiums

The last months were a period of rampant inflation in Poland. Therefore, the Monetary Policy Council (MPC) decided to raise interest rates. This made more and more people stare at them. It seems that people with loans are the most interested in this topic.

  • The coronavirus pandemic has caused many central banks in Europe to cut interest rates
  • In Poland, interest rates will likely be raised again on December 8
  • “NBP interest rates will be adjusted in such a way as to prevent continued high inflation” – recently announced by NBP President, Adam Glapinski
  • More such stories can be found on the homepage of Onet.pl

What is the interest rate?

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