Thursday, November 21, 2024

BCC: Consumer Sentiment Continues to Decline

In November 2024, the Consumer Confidence Index (BWUK) dropped by 1.3 percentage points month-on-month, reaching minus 17.1 points, according to research conducted by the Central Statistical Office. The sentiment indicator...

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...

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...

Aging Society and Lack of Skilled Workers: Poland Needs Immigrants to Avoid Crisis

In Poland, there are 22 million people of working age, with 17 million of them in employment. Of this group, just over a million...

Another ECB interest rate cut closer? Is the market prepared for the decision?

Tomorrow may result in slightly more excitement brought about by the European central banking institution. The European Central Bank (ECB) is likely to decide...

EBC is preparing for another interest rate cut

What seemed unlikely just a few weeks ago is now widely expected. The European Central Bank (ECB) is anticipated to accelerate its easing cycle...

Inflation in September 2024 at 4.9% level

Today, the Central Statistical Office of Poland (GUS) reported that consumer goods and services prices increased year-on-year by 4.9% in September, and compared to...

The cycle of interest rate cuts in the USA has begun

• A fragile marker, but no panic: A short period of high volatility in July and August, caused by the reversal of the carry...

Inflation in Poland in September 2024 at 4.9% year-on-year – peak forecasted for Q1 2025.

The final inflation reading in September 2024 stood at 4.9 percent year-on-year and was consistent with the preliminary estimate. Current market forecasts indicate that the...

Inflation in Poland remains high, and room for interest rate cuts only in the second half of 2025.

Inflation in the first months of 2025 can be high due to the base effect. And the space for interest rate cuts will not...

Inflation in the US is falling slower, labor market weakens

Yesterday's data from the US was not particularly optimistic. Inflation is declining slower than expected. Moreover, there are significantly more claims for unemployment benefits...

Inflation in the USA is on a steady path back to the target

The CPI inflation in the USA in September stood at 2.4 percent y/y. The inflation index has been on a steady downward trend for...

Inflation in the USA: Slowing down, but slower than expected. Markets remain calm.

Published on Thursday, US CPI inflation data fits into the picture of slowing inflation. In September, the CPI dropped from 2.4% y/y from 2.5%...

Inflation Expectations Rise Due to the Situation in the Oil Market

The rise in oil prices in October has strengthened inflation expectations in the Eurozone, which seems like a natural progression. Higher crude prices will,...

What is Driving the Growth of the Polish Currency?

Over the past year, the Polish złoty has strengthened significantly – rising by 8% against the Euro and over 10% against the USD. However,...

The distance between the EU and the economies of the US and China is increasing. The competitiveness of EU companies is declining

The report by Mario Draghi published in September paints a bleak economic future for the European Union, unless it undertakes multi-billion investments in innovation....

We return to the narration of soft-landing in the USA

The latest data from the US labor market turned out to be much better than forecasts, which resulted in a strengthening of the US...

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