Tag: NBP

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....

Trends and Credit Decisions in the Polish Used Car Market in 2024

The analysis of market conditions and consumer sentiment since the beginning of 2024 aligns with the optimistic forecasts of experts. A revival in the...

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...

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...

Inflation Trends in Poland: RPP’s Response and Global Economic Outlook

April's inflation reading in Poland showed the first increase in the main measure since February 2023, largely attributed to the return of the 5%...

Marshal HoÅ‚ownia Refuses Constitutional Tribunal’s Order, Vows to Continue Proceedings Against NBP President GlapiÅ„ski

Marshal Hołownia announced that a copy of the Constitutional Tribunal's decision aimed at preventing the Sejm and its bodies from considering the preliminary motion...

Polish Inflation Falls to Lowest Since 2019, Zloty Faces External Pressures

According to final data, Polish CPI inflation slowed in March to 2% year-on-year from 2.8% year-on-year in February. There was a slight upward...

Interest Rates on Hold in Poland: Cuts Possible Later This Year?

As expected, interest rates in Poland have remained unchanged, and all signs indicate that the rates will stay at the same level until the...

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...

Gold Price Soars on Fed Decision Delay, Global Central Bank Moves Shake Markets

Last week, the price of the coveted metal surpassed the threshold of 2,200 dollars per ounce. "We observed significant fluctuations in the gold market,...

Central Bank Decisions Shake Up Currencies: Dollar Shines, Zloty Holds Steady

Last week was rich in central bank decisions, not all of which were in line with expectations. Among the major currencies, the dollar shined...
HomeTagsNBP

Follow us