National Bank of Poland press conference did not sound dovish
We see marginal easing in 2024, under pressure from a strong zloty and other central banks, but clearly less than priced by the yield curve
National Bank of Poland ends tightening and starts easing cycle
The governor's press conference leaves no doubts that NBP should deliver a cut in September and we see another one in October, totalling about 50-75bp…
Monitoring Poland: National Bank of Poland looks set to ease
We expect a fast decline in CPI in the second half of the year, supporting – in our view – National Bank of Poland policy easing in 2023
CPI is set to remain elevated even after commodity shocks fade. A consumption-based GDP structure will only be galvanised by fiscal policy and refugee…
The 2020 balanced budget bill is technically feasible but on overly optimistic assumptions and at the cost of some spending cuts (other than election…
Poland: Pension system overhaul bond positive, but undermines pensioners trust
Poland: Spending pledges and the budget impact
Poland: Cash buffer cut due to strong fiscal stance
