Tag: Bartosz Wałecki

US Inflation Rises to 2.6% in October, Challenging FED’s Rate Cut Outlook

The CPI inflation in the USA was 2.6 percent year-on-year in October. The inflation rate increased for the first time since March. In the...

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...

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...

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...

RPP Decision Aligns with Expectations: When Will the Rate Cuts Begin?

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

PMI in Eurozone drops, economies show signs of slowdown

Featured Image: Bartosz Wałecki, analyst, Michael / Ström Brokerage House The PMI for the industry in the Eurozone in September was 44.8 points versus 45.8...

CPI Inflation in the U.S. Approaches Target

CPI inflation in the U.S. reached 2.5% year-over-year in August. The inflation rate has been declining for consecutive months, getting closer to the target....

MPC maintains interest rates, and market attention focuses on Adam Glapiński’s conference tomorrow

The Monetary Policy Council (RPP) has maintained interest rates at the current level. The decision was in line with expectations. Tomorrow there will be...

August CPI Inflation Rises to 4.3% YoY: Elevated Inflation Expected to Persist Through 2024

According to a preliminary estimate, the CPI inflation rate for August was 4.3 percent year-on-year. This is a slight increase compared to the previous...

Eurozone CPI inflation close to target, rate cut in September increasingly likely

In August, the CPI inflation rate in the eurozone was 2.2% year on year. This reading is in line with market consensus. The indicator...

The service sector is in better condition than the industrial sector

The PMI in August for the industry in the Eurozone was 45.6 compared to 45.8 a month before. A notable negative is Germany, where...

Wages in Poland Rise Slower, Inflation Accelerates

The average salary in the enterprise sector in July 2024 increased by 10.6% year on year. The reading turned out to be lower than...

US CPI inflation below forecasts

US CPI inflation in July stood at 2.9 percent year-on-year(Y/Y). The indicator on an annual basis has fallen below 3 percent for the first...

Polish GDP Surprises with 3.2% Growth in Q2 2024

According to a quick GDP estimate, in the second quarter of 2024, there was a real increase of 3.2% year-on-year, compared to a decrease...
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