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MNI NBP Preview - Oct 2024: Rate-Cut Debate Could Start March

The NBP is expected to keep interest rates unchanged this week but the discussion on cuts may start in early 2025.


Executive Summary:

  • The NBP will keep interest rates unchanged this week.
  • Inflation has accelerated and may stay around +5% Y/Y into the year-end.
  • A growing number of MPC members flag a possible rate-cut debate in March.

Full preview including a summary of sell-side views here:

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Executive Summary:

  • The NBP will keep interest rates unchanged this week.
  • Inflation has accelerated and may stay around +5% Y/Y into the year-end.
  • A growing number of MPC members flag a possible rate-cut debate in March.

Full preview including a summary of sell-side views here:

Keep reading...Show less