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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 AccessNBP Litwiniuk Cannot Rule Out a 20-Percent Peak in Inflation
- Government Spokesperson Piotr Muller said that Poland agreed with EU on recovery fund 'milestones' and is now awaiting final signoff for its spending plan.
- As a reminder, the approval of the 36bn EUR funds (loans and grants) has been delayed for nearly one year amid rule of law concerns.
- On Friday, economic data showed that CPI inflation rose by 12.4% in April (Final), which was slightly more than the preliminary data (12.3%) that came out in the end of April.
- NBP policymaker Litwiniuk mentioned in a recent interview that the central bank is raising interest rates too fast; however, he added that a 20 percent in inflation in the near term cannot be ruled out.
- US Treasury Secretary Janet Yellen will meet Polish Prime Minister Mateusz Morawiecki, Finance Minister Magdalena Rzeczkowska and central bank Governor Adam Glapinski today (BBG).
To read the full story
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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.