MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

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 To Gradually Increase CCyB Rate, Wnorowski Says Wider Deficit May Delay Rate Cuts

POLAND
  • Public TV broadcast its first evening news programme after the abrupt overhaul of state-owned media, which the former ruling Law and Justice party and President Andrzej Duda say violated the law. Meanwhile, Interia ran a source report noting that the President rebuffed requests from Law and Justice officials to join their protests at public TV headquarters. Another source report circulated by WP suggested that the former ruling party were taken off guard by the aggressive strategy taken by their successors and no longer believe they will be able to retain control over public media.
  • The National Bank of Poland (NBP) announced plans to gradually increase the counter-cyclical buffer rate for banks after keeping it at 0% since 2016. The Financial Stability Committee will release its recommendation on the rate in March 2024. The rate will eventually be set by the Finance Ministry.
  • NBP's Henryk Wnorowski said that the new government's plan to widen budget deficit in 2024 may increase the stickiness of inflation and delay further rate cuts. Separately, NBP's Joanna Tyrowicz will speak in TOK FM radio at the top of the hour.
  • Statistics Poland will release November unemployment data at 13:00GMT/14:00CET, with the jobless rate expected to have been unchanged at 5.0%.
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.