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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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Free AccessMNI NBP Preview - April 2021: COVID Caseload To Keep Policy Unch
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The National Bank of Poland is expected to keep its reference rate, Lombard rate and deposit rate steady at 0.1%, 0.50% and 0%, respectively, despite rising inflationary pressures as the worsening Covid19 situation is weighing on growth expectations. Even though a rise in economic activity is expected in 2021 following the 2.7% contraction in 2020, uncertainty over the duration of the elevated restrictions imposed by the government is very high and therefore the pace of the recovery remains also uncertain.
Figure 1: Polish inflation nudging top-end of NBP tolerance band
Source: MNI/NBP/Bloomberg
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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.