Search results
Selected tag: monetary policy
1 week ago
NBP’s Dovish Pivot
Last week, the NBP dropped a dovish surprise on us. Today’s calendar is empty, but the remainder of the week should prove more eventful. In Poland, attention will focus on the final inflation release and the government bond auction. In the core markets, the spotlight will be firmly on US data, including inflation, retail sales and industrial production. Investors will also be watching the new Fed Chair’s first appearance before Congress.
1 week ago
No pressure to change interest rates in Poland
MacroCompass July/August 2026 - our picture of Poland's economy, macroeconomic forecasts, preview of monthly data readings and the expected scenario of events on financial markets
5 weeks ago
Rising hawkish tide leaves the NBP behind
MacroCompass June 2026 - our picture of Poland's economy, macroeconomic forecasts, preview of monthly data readings and the expected scenario of events on financial markets
2 months ago
The global economy running on empty
MacroCompass May 2026 - our picture of Poland's economy, macroeconomic forecasts, preview of monthly data readings and the expected scenario of events on financial markets
2 months ago
Poland: public spending like Sweden, budget revenues like Spain
This week will be rich in macroeconomic events, particularly central bank policy meetings, as both the European Central Bank (ECB) and the Federal Reserve (Fed) are set to announce their interest rate decisions. Market attention will also focus on inflation data releases as well as preliminary first-quarter 2026 GDP readings. In Poland, investors will await Thursday’s publication of April inflation data. However, market dynamics are likely to remain dominated by developments in the Middle East.
3 months ago
Ceasefire takes tail risks off the table
MacroCompass April 2026 - our picture of Poland's economy, macroeconomic forecasts, preview of monthly data readings and the expected scenario of events on financial markets