Thursday, November 21, 2024

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 4.1 percent year-on-year, which is 0.1 percentage point lower than predicted and 0.2 percentage points...

Geopolitical tension hit the Warsaw Stock Exchange

Another failed attempt to break through the resistance in the world's main currency pair....

War Back in the Forefront Again. Global Tensions and Their Consequences

The post-election relaxation of rules by the Biden administration has had a noticeable impact...

High energy prices postpone interest rate cuts in Poland

The Polish economy - like most European economies - is heavily dependent on the...

Core inflation in Poland is falling, but consumer inflation is rising. What’s next for interest rates in Poland?

Core inflation in Poland is falling, despite the rise in consumer inflation. At the...

Polish Economy Accelerates in 2024: GDP Growth Supported by Consumption and EU Funds Despite Industry Challenges

The Polish economy in 2024 significantly accelerated compared to the minuscule growth in 2023, and this year's GDP should increase by nearly 3%. This...

Trump’s victory will have negligible impact on future decisions of the RPP

The Monetary Policy Council (RPP) has maintained interest rates at their current level. The decision was in line with expectations. Today, a press conference...

Trump’s Return: Economic Implications and Challenges for the U.S. and Europe

Analysts are experiencing a certain déjà vu, although this time, what is unexpected is at least partly known. The experiences from Trump’s first presidency...

Over a year without changes. When will the Monetary Policy Council lower interest rates?

The rising inflation and weakening Polish złoty, which increases import costs, could further postpone the prospect of interest rate cuts in Poland. The Monetary...

Crucial Week for Financial Markets

Attention this week will focus on the US presidential election, but the upcoming November decision by the Federal Reserve Open Market Committee (FOMC), which...

Uncertainty in markets before US elections – dollar in retreat

The US elections are already underway, and the markets are looking uncertainly at their outcome, which is reflected in the weakening of the dollar....

Weak job market data in the USA – a one-time disruption or the start of a trend?

Data from the United States job market is not presenting a reliable situation. This is because it has been distorted by the impact of...

Harris vs Trump. 4 scenarios of how the US election result will impact the economy

With the upcoming US presidential election, investors are preparing for market volatility and potential political changes. The key question is to what extent victory...

Higher deficit, increase in social and defense spending, energy and environmental reforms

The government announced at the end of October a revision of the national budget for 2024 and a proposed budget revision for 2025. The...

Inflation in Poland accelerates, Eurozone surprises with GDP growth in Q3.

This week in Polish macroeconomic statistics, a preliminary estimate of consumer inflation for October was published. Consumer prices increased by 0.3% m/m (+0.1% m/m...

Inflation in Poland rose to 5% in October

According to preliminary estimates, the CPI inflation rate in October was 5 percent year on year. This is a slight increase compared to the...

Dollar loses value after preliminary US GDP data – stable economy reduces chances for Fed rate cut

Yesterday, the dollar only strengthened for a moment after the ADP data then lost ground due to the publication of preliminary GDP results for...

Inflation in Poland on the rise again – highest level since last December

In October, inflation in Poland, according to preliminary data from the Central Statistical Office (GUS), rose to 5 percent, the highest level since December...

Rising Inflation: Higher Energy and Service Prices Delay Prospects for Interest Rate Cuts in Poland

The rise in prices has accelerated in recent months. This is the result of higher energy and service prices. Although November and December may...

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