Poland Economy

A banner on the building of the National Bank of Poland says, "We protect the value of the Polish currency," in Warsaw, Poland, on Thursday Sept. 7, 2023. The head of the bank, Adam Glapinski, said Thursday that the bank's large interest rate cut this week was justified because prices are stabilizing and an era of high inflation is ending. Poland's inflation rate was 10.1% in August. Central banks tend to raise interest rates, not cut them, amid high inflation, and both cut and Glapinski's comments caused the zloty currency to fall against other currencies. (AP Photo/Czarek Sokolowski)

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