CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Most Economists See Risk Of NBP Policy Error, Election Campaign Still In Focus

POLAND
  • Poland summoned Russia's ambassador after the Kremlin released a recording of President Vladimir Putin's speech, in which he accused the country of "hatching revanchist plans" to seize parts of Ukraine and said that Poles should remember that their western territories were a "gift" from Joseph Stalin. The latest escalation in tensions between Poland and Russia came as Warsaw decided to move more troops to its eastern border due to the risks posed by the presence of Wagener Group mercenaries in Belarus.
  • Rzeczpospolita reports that 81% of the 42 surveyed economists expect the NBP to lower the policy rate by at least 50bp until the end of this year, while others also expect rate cuts, but of a smaller magnitude. At the same time, only 10% of respondents said that lowering rates could be justified this year. Around 45% of economists told the newspaper that interest rates should remain unchanged for now and a similar number said that they should be even higher.
  • Speaking at a campaign event, ruling Law and Justice party leader Jaroslaw Kaczynski ruled out forming a coalition with the far-right Confederation and said that the party's economic agenda consisted of "the ideas of lunatics and kids." Opinion polls put Confederation in third place and suggest that it might emerge as a kingmaker after the upcoming parliamentary election.
EM BulletHomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletEmerging Market News

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.