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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.
NBP
The National Bank of Poland released its Inflation Report for July 2023. The main parameters of updated macroeconomic projections were unveiled last week alongside the MPC's monetary policy decision.
- "Under the assumption of unchanged NBP interest rates (including the reference rate at 6.75%), CPI inflation will only return to the band of deviations from the NBP inflation target defined as 2.5% +/-1 p.p. at the end of the projection horizon."
- "The balance of uncertainty factors indicates a close to symmetric distribution of risks for CPI inflation and a slight downward asymmetry of risks for GDP growth over the projection horizon."
- Click here to see the full document.
Fig. 1: NBP GDP & CPI Projections - Fan Charts
Source: NBP Inflation Report - July 2023
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.
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