Tag: Inflation

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....

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...

US Stock Market Consolidates, Investors Await Inflation Report

Yesterday on Wall Street, we observed a consolidation of the major stock indexes. There were also minor changes in the yields of U.S. Treasury...

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...

The economic situation favors hotels, but investment remains limited

The value of investment transactions in all real estate market sectors, both in Poland and Europe, still significantly deviates from the scale of investments...

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...

Wall Street Ends Mixed, Crude Oil Rises on Falling U.S. Inventories Ahead of Inflation Data

Wednesday's session on Wall Street yielded mixed results for stock indexes. While the Dow Jones Industrial Average gained 0.4%, the Nasdaq Composite lost 0.2%,...

Polish Companies Plan Significant Layoffs Amid Rising Costs and Slowdown

According to the Central Statistical Office (GUS) data, by the end of March, 159 companies in Poland announced plans for group layoffs totaling 17,000...

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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