Thursday, September 19, 2024

Deloitte: Poland enters the phase of economic expansion

The divergence of economic moods in Poland...

Two Years On: War in Ukraine and Its Global Impact

On February 24, 2022, a full-scale Russian...

Fed Cuts Interest Rates: Powell Reassures Markets Amid Economic Strength and Avoids Recession Fears

The Fed has cut interest rates more significantly, but at the same time, it didn't frighten the market with fears of a recession. Powell emphasized the strength of the...

Not only Poland threatened by excessive deficit

Poland has been subjected to the Excessive Deficit Procedure. What is the Excessive Deficit...

Fed’s Aggressive Rate Cut Signals Victory Over Inflation and Shifts Focus to Labor Market

The Fed has decided on a 50 basis points cut, which means that the...

Ukraine’s entry into the EU may still take many years. It could have a significant impact on Polish agriculture and labor market

Ukraine's accession to the EU will mean significant changes for Polish agriculture and potential...

Fed Surprises with Aggressive Interest Rate Cut and Signals Further Reductions

The Federal Reserve made an unexpected cut in interest rates by 50 basis points,...

Economic Recovery in the EU: European Commission’s Forecast for 2024-2025

After a challenging year in 2023, characterized by overall economic stagnation, 2024 brings positive changes. Economic growth in the first months of this year...

Inflation Data and Economic Sentiment Shifts

Yesterday, we received the final inflation readings, which went almost unnoticed. However, a lot happened after the very good reading of the business sentiment...

Polish Zloty Strengthens

Until recently, we were wondering whether the dollar would reach the level of 4 PLN. Today, we are almost 4 groszy below that level....

Over 1.1 Million Foreigners Registered for Pension Insurance in Poland, Ukrainians Remain the Largest Group

At the end of April, 1.143 million foreigners were registered for pension and disability insurance, including 763,000 Ukrainians, according to data published by the...

Assessing Poland’s Multiannual Financial Plan for 2024-2027

In the coming years, the government will face challenges including the continuously rising national debt, a deepening demographic crisis, a faster increase in labor...

Poland is in a phase of economic expansion, while Germany is facing a recession

In 2024, only a moderate pace of economic growth is predicted for Central Europe. In Poland, GDP growth is expected to be 2.8%. At...

The Future of Inflation Remains Uncertain

It is now possible that this year, the Federal Reserve (Fed) may not cut interest rates, aligning in this respect with the actions of...

EIB Shifts Focus to Clean Energy, Security, and Innovation

Over the past 20 years, the European Investment Bank (EIB) has invested more than 85 billion euros in Poland, primarily focusing on infrastructure development...

U.S. Unemployment Claims Dampen Investor Sentiment

"Second-tier" data such as U.S. unemployment claims played the "lead violin" yesterday, partly due to this week's relatively sparse macroeconomic calendar. The unexpected data...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged, which is another consecutive decision since October to maintain interest rates at the same level. Furthermore, economists'...

NBP Holds Rates Steady at 5.75%, Further Cuts in 2024 Unlikely

The NBP's reference rate remained unchanged at 5.75%. This decision aligns with market consensus, and it was generally not expected to differ. The arguments...

Rising Core Inflation and Wage Growth Drive Concerns Over Consumer Price Inflation

The high dynamics of core inflation, mainly driven by domestic factors such as wage growth and pent-up demand, will fuel the rising consumer price...

Revised Polish National Recovery Plan Nears Completion, Negotiations for Extension Underway

Due to nearly a three-year delay in implementing the National Recovery Plan, the coalition government conducted a revision of the plan earlier this year....

The Monetary Policy Council in Poland Unlikely to Find Reasons for Rate Cuts Soon

Today, we will learn about another decision by the Monetary Policy Council regarding interest rates. Market consensus assumes that the rates will remain unchanged...

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