FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

NBP's Dabrowski Sees Rates Stable Until End-Sep, Unemployment Data On Tap

POLAND
  • Local news flow over the weekend was dominated by reports on the Wagner Group's rebellion in Russia, which overshadowed a suite of campaign events amounting to the so-called "Super Saturday" - all of which failed to offer much to write home about. Emerging from the meeting of the National Security Council, President Andrzej Duda said that the events do not affect Poland's security, while the authorities are monitoring latest developments and treat them as Russia's internal affair.
  • NBP's Ireneusz Dabrowski told Business Insider that if the Monetary Policy Council were to consider cutting interest rates, it would likely happen in October. However, if consumer inflation eases by another 5pp and well into single digits during the summer months, discussing a rate cut already in September cannot be ruled out. The policymaker said that he could not authoritatively say if rate cuts will actually materialise, but "maybe the Council at least considers them and holds a discussion." According to Dabrowski, we should see a recovery in economic activity in 3Q2023 and full-year GDP growth should be positive.
  • Poland's unemployment rate may have ticked lower to 5.1% in May from 5.2% prior, according to a Bloomberg poll of economists. The data will cross the wires at 09:00BST/10:00CEST. Looking further afield, flash June CPI readings, due Friday, headline this week's docket.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.