
MPC
Articles related to MPC


Zloty Holds Firm Despite Global Turmoil, Supported by Strong Carry and Solid Growth Outlook
Some of the best performing currencies in the CEE region have started to hand back some of their gains as markets question whether central banks will have to turn more dovish. That's particularly been the case in Hungary. However, our call is that rate cuts are delayed, and the forint can continue to enjoy carry trade interest. CZK and ZAR should also do well

Poland CPI Stable in September, NBP Maintains Cautious Stance on Rate Cuts
We expected CPI inflation to increase slightly in September from August amid a shallower annual decline in fuel prices – but low food prices surprisingly kept the headline figure unchanged, bolstering the argument for more rate cuts. Even so, we expect the National Bank of Poland (NBP) to postpone the move until November

Poland: Inflation Near Target, MPC Poised for Further Rate Cuts
The Polish Statistical Office has revised August’s year-on-year CPI inflation upward to 2.9%, from the initial flash estimate of 2.8%. However, we estimate that core inflation eased to 3.1% YoY, maintaining its downward trajectory. We expect policymakers to deliver one more 25bp rate cut this year, in November

EUR and GBP Outlook: Inflation, ECB Stance, and Bailey’s Testimony in Focus
The euro’s outlook remains tied to developments on US tariffs and on Ukraine peace talks. EUR/USD took a hit late Friday after the Trump-Zelenskyy incident, but has rebounded since trading resumed on Sunday evening – perhaps on the news that Ukraine remains open to a mineral deal with the US and that the EU is actively trying to bring the US back to the negotiating table with Ukraine.

GBP Under Pressure Ahead of UK Budget and BoE Speaker Insights
The UK published on Friday data showing a net public sector surplus of £15.4bn in January, which fell short of the £20bn estimated by the Office for Budget Responsibility in October alongside the Budget.

GBP: Economic Resilience Amidst GDP Upsurge and BoE Hawkish Stance Facing Tests

Asia Morning Bites: Focus on China's Caixin Services PMI and Anticipation for US Non-Farm Payroll Data

Trading Carefully: Bank of England Keeps Rates at 5.25% Amid Inflation Concerns

Global Economic Snapshot: Key Events and Indicators to Watch in Various Economies Next Week

Polish GDP Contracts Further in 2Q23: Downward Revision Expected for 2023 Growth Forecast

UK Inflation Expected to Slow Sharply in July: Market Analysis and Insights - August 16, 2023

Bank of England Poised to Raise Rates to a 15-Year High Amid Economic Concerns

Poland's Inflation Expected to Reach Single Digits in August, but Disinflation to Slow Down

NBP/MPC Decision on Interest Rates in Poland: Assessing the Outlook for the PLN

GBP: Volatile Pricing and Limited Data Ahead

GBP: Dovish MPC Voices and Aggressive Expectations in Focus

The Bank of England Hikes Rates Amid Concerns of Inflation, MPC Split, and Pound's Volatility

European Stocks Set to Open Lower Following Powell's Testimony as Inflation Concerns Persist

Stock Markets in the Red as Central Banks Remain in Focus; UK Inflation Data and Bitcoin's Trend Awaited

UK Inflation Data: BoE's Hopes and Market Expectations. Bitcoin's Recent Trend: Recovery, Vulnerability, and Lower Highs

ECB's Hawkish Move and Risk Appetite Propel Major Currencies, Leaving Dollar in the Dus

Bank of England Rate Decision: Another Rate Hike Expected Amid Rising Inflation and Policy Concerns
