Free Trial

Comments on Glapinski Last Week Interview (With Full Translation)

POLAND
  • Investors were surprised by BBG's headline on Glapinski interview last week, which said 'everything indicates no need for more polish hikes'.
  • The NBP Governor mentioned during his press conference last Wednesday that a December hike was more likely than not.
  • Hence, the U-turn has questioned participants.
  • However, Glapinski's comments were different from the headlines.
  • The translation differed strongly from BBG headline, as Glapinksi precisely said the following: 'There is every indication that from January the inflation will drop. There will be no needs to rise interest rate'.
  • See link below the English translation of the full interview.

Glapinski Intw.pdf

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.