Tag: NBP

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...

NBP Gold Reserves Growth Paused

For several months last year, we were excited about the periodic gold purchases by the National Bank of Poland (NBP). Purchases that began in...

Polish TSL sector to see a slight reduction in employment in Q1 2024

In the first quarter of 2024, the Polish TSL sector is forecast to see a slight reduction in employment, though no company is planning...

The dollar isn’t so weak – again above 4 PLN

In recent days, the dollar dropped below 4 PLN, only to spring back above this level. Surprisingly, despite expectations of the dollar decreasing this...

Interest rate cuts expected in the second half of the year. RPP to follow ECB’s lead

Discounts are expected, but they are likely to be delayed by a quarter. The European Central Bank (ECB) is likely to wait for decisions...

Polish government budget for 2024: GDP growth, but deficit and inflation remain high

The government anticipates a considerable increase in GDP of 3 percent. It's a significant acceleration compared to the year 2023 and towards a level...

2/3 of Refugees Residing in Poland are Gainfully Employed

2/3 of refugees residing in Poland are gainfully employed, as shown by the latest report of the National Bank of Poland (NBP) analyzed by...

Inflation Dips, but Rebound Expected Later in the Year. Interest Rate Cuts Possible in 2024

Inflation at the beginning of the year will be lower, but it is expected to bounce back in the following months. There is a...

Uncertainty Over Housing Market in 2024: New Program Could Drive or Suppress Prices

"If the new housing program announced by the government is rationally calibrated, there is a chance that in 2024 the increase in apartment prices...

Polish ZÅ‚oty Remains Strong as Monetary Policy Remains Uncertain

We perceive numerous encoded messages by Glapiński, President of the NBP, as being somehow hawkish – the market increasingly doubts whether monetary policy will...

Polish central bank keeps rates steady, German economy slows, US inflation accelerates

The key event of the week was the meeting of the Polish central bank. As expected, the National Bank of Poland (NBP) left interest...

RPP Hold Rates Steady, Focus on Inflation Uncertainty and Economic Rebound

The lack of interest rate changes at the first meeting of the Monetary Policy Council (RPP) this year was no surprise to anyone. The...

Interest rates in Poland remain unchanged

The Monetary Policy Council (RPP) has decided to keep the interest rates of the National Bank of Poland (NBP) at the same level. Such...

Polish Monetary Policy Council Holds Interest Rates Steady, But May Cut Later This Year

The Monetary Policy Council, as expected, did not decide to change interest rates during its first meeting of the year. This means that the...
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