Friday, September 20, 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,...

Industrial Sector Sentiments in Poland Remain Low

In March, the PMI showed essentially a marginal increase of 0.1 points to a level of 48 points. This indicates that the main sentiment...

Is the US labor market losing momentum? NFP and other macro data in the coming week

Attention will be focused mainly on the NFP report, but in addition, the market will receive data on inflation in the euro zone and...

Inflation surprises! Has the NBP overdone it with monetary tightening?

Today's inflation reading can be best summarized with one word - surprise. The central bank's policy of keeping interest rates high is effectively stifling...

Polish Inflation Rate in March 2024: 1.9%

In March 2024, inflation reached 1.9% year-on-year, as reported by the Central Statistical Office. Experts had anticipated a figure of 2.2%, although more optimistic...

Emerging Markets Face Divergent Growth Paths in 2024, S&P Global Reports

Emerging markets (EMs) are set to experience a year of significant growth divergence in 2024, according to S&P Global's Economic Outlook for Q2 2024....

Inflation Dips in February, But Resurgence Looms on the Horizon

Inflation dropped to 2.8% year-on-year in February. However, the victory is modest if we compare the price increase to the situation of a year...

Strong Wage Growth Signals Consumer Recovery and Inflationary Pressures

Consumer inflation in Poland decelerated in February to 5.4% YoY (the lowest since December 2021). Although the overall CPI inflation rate is noticeably decreasing...

German Industrial Weakness Persists

The Manufacturing Purchasing Managers' Index (PMI) for the Eurozone was 45.7 in March, compared to 46.5 the previous month. This figure turned out to...

Fed Holds Steady, Cuts Expected Later This Year

As expected, the federal funds rate remained unchanged. This month, we were introduced to a new "dot plot". The projection suggests that rates will...

Dollar gains strength. Base inflation in Poland disappoints

After consumer inflation took a nosedive, it turns out that the base inflation rate is by no means falling. European data did not surprise....

Bank of Japan raises interest rates for the first time in 17 years

Tuesday morning saw a weakening of the Japanese yen, a consequence of the Bank of Japan's decision to raise interest rates for the first...

Inflation in Poland 2.8%

On Friday, we had a big surprise when it came to the level of price increases. We have an unexpected slower growth. In Europe,...

NBP inflation outlook hinges on government measures. Eurozone industrial output falls short

On Monday, the National Bank of Poland (NBP) published two scenarios in its inflation report, depending on whether the government extends anti-inflation measures...

GUS Data Reveals Declining Exports, Imports in January Despite Positive Trade Balance

Foreign trade turnover in January 2024 amounted to 121.9 billion PLN in exports and 115.7 billion PLN in imports, at current prices. The positive...

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