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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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POLAND: Governor Glapinski Expected to Affirm Hawkish Guidance
- Governor Glapinski will hold a press conference at 14:00BST/15:00CET after the National Bank of Poland kept interest rates unchanged for the eight consecutive meeting yesterday, a decision in-line with unanimous sell-side expectations.
- We expect Governor Adam Glapiński to reaffirm hawkish forward guidance and point to limited room for the resumption of a rate-cutting cycle by the end of this year. He may reiterate that the current pace of wage growth, facilitated by solid minimum-wage increases, is the key source of concern for the MPC.
- There are no major economic releases scheduled for the remainder of the week. Minutes of last month’s NBP rate decision will be released tomorrow.
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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.