NBP Governor Glapinski says level of rates is appropriate; think a rate cut this year is likely; not worried about PLN FX level
Newsquawk Staff ·
- "Maybe" the only MPC member that is thinking of one 25bps cut this year.
- No talk of two cuts.
- Bank of Israel keeps its interest rate steady at 3.25%, as expected
- Indonesian Central Bank leaves the BI rate unchanged at 5.75%, raises the Deposit Facility rate to 5.00% (prev. 4.75%)
- NBH Governor Varga says that 2026 inflation is to be below 3%
- SARB Governor sees upside risks to inflation to remain, adding that he expects CPI to return to the 3% target only in 2028; policy rates are moderately restrictive and consistent with the outlook
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLES 5+TICKS HIGHER AT 104-23+
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