MNI BRIEF: Cautious Policy Adjustments Eyed - BOJ's Nakagawa

MNI: PBOC Net Injects CNY209.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1182 Weds; +2.35% Y/Y

CHINA PBOC CONDUCTS CNY210 BLN VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1182 WEDS VS 7.1136

MNI BRIEF: Brazil's August Inflation 4.24%, Monthly Deflation

MNI: UK JUL TRADE BALANCE GBP -7.51BN

MNI: UK JUL SERVICES INDEX +0.1% M/M, +0.6% 3MM

MNI: UK JUL CONSTRUCTION OUTPUT -0.4% MM, +1.2% 3M3M, -1.6% YY

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

UK: Week Ahead

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Anti-Inflation Shield to be Extended

POLAND
  • Wires confirmed this morning that NBP head Glapinski will hold a press conference on Friday at 1400BST after Thursday’s rate decision at which the bank are expected to raise rates by 75bps to 6.00%.
  • Rzeczpospolita reports that PiS will likely focus on recent successes in campaigning out to next year’s general elections, with policy proposals likely thin on the ground until Spring next year, according to party insiders.
  • The government are to extend their ‘anti-inflation shield’ that’s currently due to expire in July, according to the finance minister, with analysis underway for an extension. The programme currently consists of measures on the prices of fuel, basic foodstuffs, natural gas, system heat, fertilisers as well as a reduced VAT rate on electricity.
  • Finance Minister Rzeczkowska added that the post-pandemic spending package is not currently factored into GDP forecasts for 3.8% this year, meaning GDP should be boosted due to renewed investment across this year and the next. On taxation, Rzeczkowska added that no new sectoral taxes are currently being considered.
EM BulletHomepagemarkets-real-timeBulletEmerging Market News
EM BulletHomepagemarkets-real-timeBulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.