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08 May 2013
POLAND : CBank Makes Surprise Rate Cut...To Record Low 3%.
Warsaw's central bank surprised many as it dropped its benchmark interest rate by 25 bps...to 3%...a record low.
The CBank noted that Poland's inflation slowed to its weakest level in more than 6 years...and manufacturing plummeted to a 45 month low.
http://www.bloomberg.com/news/2013-05-08/poland-cuts-interest-rates-to-record-amid-lack-of-recovery-signs.html