Increasing VAT on food did not significantly increase inflation
According to the flash estimate of inflation published today by the Central Statistical Office, prices increased by 2,4% in April. This is below the above market consensus, which was 2,5%. The effect of price increases resulting from the return of the VAT rate to [...]
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April 30 2024
Inflation in Poland is rebounding, but as expected
We have just finished a series of macroeconomic readings from Europe and Poland. The data generally surprised on the upside, although in the case of Poland the readings were basically in line with expectations. What's next with inflation in Poland and will it create [...]
1234
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April 30 2024
The Fed's decision is tomorrow. What can we expect?
Data for the first quarter of 2024 indicate that the disinflation process in the USA has stopped and prices have recently started to increase again. The Fed's interest rate cut, not so long ago expected in June, [...]
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April 29 2024
It will be a hot May weekend on financial markets
The highlight of this week on financial markets will undoubtedly be the Fed meeting and Wednesday's decision on monetary policy in the US. Although a change in interest rates is not expected (now it is 5,25-5,50%), [...]
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