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President Duda To Announce MPC Candidates

POLAND
  • Today, Polish President Duda is set to announce his candidates to Monetary Policy Council.
  • On Wednesday, the ECJ won court fight to cut funds to Poland and Hungary over democratic backsliding concerns.The two CEE countries have challenged the so-called ‘conditionality mechanism’.
  • Yesterday, NBP Governor Glapinski mentioned in an interview that CPI is expected to start falling by July thanks to the government’s anti-inflation measures.
  • Next important data to watch will be average gross wages and PPI inflation coming out this morning (9am London time).

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