Poland’s central bank is expected to cut interest rates on the 3 rd of October, easing monetary policy for the first time since 2009 in an effort to support the economy, which is no longer immune to the Eurozone’s debt crisis.

The National Bank of Poland’s 10-strong rate council is widely expected by economists to cut rates by 0.25%, lowering its benchmark rate to 4.5%, in a reversal of its May decision to increase borrowing costs.

In the second quarter of this year, annual economic growth in Poland slowed to 2.4%, down from 3.5% in Q1 2012.