Free Trial

Local Economist Sees 5% GDP Growth for 2021; MPC May Not Support Rate Cut

POLAND

LOCAL NEWS

  • Poland's GDP should rebound by over 5% in 2021 if circumstances prove sufficiently supportive - bank PKO BP chief economist Piotr Bujak
  • Poland may struggle to raise sufficient majority in its MPC to push through further rate cuts in 1Q21 as suggested by Glapinski - Local rate-setter Eugeniusz Gatnar.
  • Says current PLN rate has been serving the economy well, citing "double-digit rises in export sectors.
  • Finance Ministry and BGK state bank present debt supply (1400GMT)
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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.