Economic effects of the MPC decision to lower interest rates

Interest rates in Poland were lowered by the MPC to practically zero due to the beginning of the economic crisis. What does this mean in practice? Is this good or bad information? What impact will the rate cut have on the zloty and  stock market?

The chief economist will try to answer these and other questions XTB - Przemysław Kwiecień, Ph.D.

The MPC lowered interest rates. What's next?

We invite you to a free online training, where we will discuss the likely effects of the MPC decision:

• Rate cut to almost 0% - does it make sense?
• Negative real rates - money loses value
• The end of the era of bank deposits?
• Which assets will retain their value?
• What does all this zloty mean?

In addition, due to the very dynamic situation caused by the spread of coronavirus worldwide, additional ones will be made available video reports on the impact of coronavirus on the global economy, analysis of the gold and oil market situation.

WATCH ON-LINE

About the speaker

Dr Przemysław Kwiecień - Chief economist of X-Trade Brokers. Doctor of Economics at the University of Warsaw, graduate of the University of Warsaw and London Metropolitan University (MSc). Holder of the prestigious CFA certificate. He has been working for XTB since 2007, previously he gained experience as an advisor to the Minister of Finance, Mirosław Gronicki, and an economist at Bank Millennium. At XTB, he manages the Analysis Department.

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