Tag: European Central Bank

Volatility in the currency market may return

The last two weeks have seen unprecedented calm on the foreign exchange markets. The release of macroeconomic data from the world's largest economies and...

ECB likely to maintain interest rates, but cuts are increasingly probable in the coming months

At the European Central Bank's meeting, interest rates will likely be kept at their current level. However, all indications suggest that monetary policy will...

Wall Street Starts Week with Modest Dips, Bitcoin Soars and Investors Eye US Data

The stock exchange on Wall Street began the week with slight volatility. Even though the SP500 dropped by 0.4%, the Dow Jones by 0.2%,...

ZÅ‚oty Shines While Major Currencies Stay Flat, Data-Driven Week Ahead

Last week was exceptionally poor in macro readings and news about monetary policy, and most major currencies stayed within very narrow ranges. Despite this,...

Markets Dip, Euro Surges: Wage Data Pushes Back ECB Rate Cuts, Canadian Inflation Falls

Yesterday, we observed a continuation of the correction on the American stock indices. Nasdaq Composite lost the most (-0.9 percent), SP500 fell by 0.6...

Dollar Strengthens on US Power, PLN Appreciates Despite Weak GDP, EUR Waits for Rate Cuts

The start of 2024 on the currency markets was dominated by the power of the American economy, which is pushing the markets to delay...

RPP Meeting: No Rate Change Expected, Focus on March and Inflation Path

On Tuesday, February 6, the Monetary Policy Council (RPP) is starting a two-day meeting with the decision scheduled to be announced on Wednesday, February...

Poland is poised to be the European growth leader in 2024, with a GDP growth forecast of 3.7%

GDP will increase by 3.7% in 2024. In 2025 and 2026 it will fluctuate around 3% Inflation will hit the 2.5% NBP (National...

Fed in better shape than ECB, but waits for inflation to stabilize

As expected, the Federal Funds Rate remained unchanged. However, Jerome Powell's press conference was more significant than the decision itself. The chairman has not...

Bank Millennium Sees Polish Economy Growing 2.9% in 2024 on Private Consumption and Interest Rate Cuts

Bank Millennium forecasts a 2.9 percent economic growth with an upward perspective for 2024, which will be primarily driven by resurging private consumption, lowering...

USD climbs on strong US data, euro weakness

The European Central Bank did not close any escape routes last week. The upcoming days will reveal whether the remaining major central banks -...

ECB Holds Rates Steady; Dollar Strengthens

The European Central Bank (ECB) did not surprise markets with its decision to keep interest rates at the same level. The refinancing rate is...

Market Uncertainty Surrounds Eurozone Rate Cut Timeline

The Eurozone hasn't entered the period of interest rate cuts, contrary to what some might expect. It's crucial to remember that the last increase...

Central banks hold rates steady, signaling delay in rate cuts

Today, the European Central Bank did not lower interest rates. Similarly, the Federal Reserve (FED) is expected to keep rates unchanged next week. Poland's...
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