Dollar on the offensive again

Data from Poland did not impress, but no one expected miracles in the construction market after the expiration of government support. Noteworthy is the dollar, which once again decided...

PMI indicates weakening of the economy and euro

The condition of the European economy is not good. This is confirmed by the...

BCC: Consumer Sentiment Continues to Decline

In November 2024, the Consumer Confidence Index (BWUK) dropped by 1.3 percentage points month-on-month,...

October Inflation in Poland at 4.1%: What It Means for Future Rate Decisions

We have received the final October reading of Polish inflation today. It stands at...

Inflation in the USA is not slowing down

The CPI inflation in the USA was 3.2% y/y in February. The indicator has been in the range of 3.0-3.7% since June. The market...

Too early to celebrate victory over inflation

After months of falling inflation, we are looking forward to a period of its escalation. And probably inflation expectations as well. The basic interest...

NBP and EBC maintain interest rates unchanged

As expected, the National Bank of Poland (NBP) has left interest rates unchanged. The main interest rate stays at 5.75% for the fifth...

ECB Holds Steady on Rates

The European Central Bank (EBC) has left interest rates at their current level. The EBC has maintained these high rates for several months now....

Inflation Hits Target in February, But NBP Unsure About Next Steps

Given that Wednesday's decision by the Monetary Policy Council to keep interest rates unchanged for the fifth time in a row (5.75%) was no...

Interest rates unchanged: RPP and Canada Hold Steady, US Job Market Shows Potential Weakness

Yesterday's decision on interest rates did not surprise the markets. The ADP report may suggest potential sluggishness in the local job market. Canada, like...

NBP Reference Rate Remains Unchanged

The National Bank of Poland's reference rate remained unchanged at 5.75 percent. This decision aligns with market consensus and no one really expected a...

Interest rates unchanged? Economists do not expect surprises

The March Monetary Policy Council meeting regarding interest rates will be the third one this year. Economists unanimously predict that we should not expect...

ECB Meeting: No Rate Cut Expected, Focus on Updated Forecasts and Future Moves

To discern the fluctuation in the main currency pairs in recent weeks, a strong magnifying glass has been necessary. The upcoming meeting of the...

Economists Predict Steady Rates, But History Warns of Caution as Poland’s Monetary Policy Council Meets

The recent decisions of the Monetary Policy Council are quite predictable. It seems that today will also be predictable, but there have been surprises...

ECB likely to maintain interest rates, but cuts are increasingly probable in the coming months

At the European Central Bank's meeting, interest rates will likely be kept at their current level. However, all indications suggest that monetary policy will...

Inflation in the Eurozone falls, but it is still above the ECB target

CPI inflation in the Eurozone in February was 2.6% year on year (y/y) compared to 2.8% the previous month. The reading was slightly higher...

PMI for Polish industry has risen to 47.9 points

The PMI index for the industry in Poland in February was 47.9 points compared to 47.1 points in January. The market consensus stood at...

Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland and Germany continues to persist. By the end of the year, Poland was already transitioning from a...

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