NBP Governor Kotecki, in a Bloomberg interview, says it is becoming increasingly clear that there is room for further rapid interest rate cuts
Newsquawk Staff ·
- Assumes that in February, the MPC will resume its activities from last year.
- The inflation outlook is increasingly optimistic.
What it means
Governor Kotecki's remarks suggest a more dovish stance from the NBP, indicating that significant room exists for interest rate cuts in the near term, likely driven by an improving inflation outlook. This could signal a shift in monetary policy direction, potentially influencing broader market expectations for rates and risk sentiment.
Sources
- [PREVIEW] Riksbank Policy Decision on 4th November 2026
- BCB Poll: Economists see year-end 2026 Selic rate at 13.50% (prev. 13.25%) and year-end 2027 at 12.50% (prev. 11.75%), according to the weekly BCB Focus Market Survey
- [MARKET ANALYSIS] DXY trades tentatively into midterms; AUD lags post-RBA, which avoided further hawkish guidance
- PRE-MARKET AUSTRALIAN STOCKS NEWS: RBA rate decision in focus
- UK S&P Global Manufacturing PMI Final (Oct) 52.8 vs. Exp. 52.8 (Prev. 51.9)
Related headlines
- RBA Governor Bullock says rate rise was needed to get inflation down and that policy tightening is to address local capacity pressures5 days ago
- New Zealand Employment Change (Q3 QQ) -0.1% vs. Exp. 0.4% (Prev. 0.5%)5 days ago
- New Zealand Unemployment Rate (Q3) 5.7% vs. Exp. 5.5% (Prev. 5.6%)5 days ago
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms5 days ago
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await 5 days ago
- US Factory Orders ex Transportation (Sep) 1.3% vs. Exp. 0.5% (Prev. 0.4%)5 days ago
- US Factory Orders (Sep MM) 1.8% vs. Exp. 1.2% (Prev. 0.1%)5 days ago
- Mexican S&P Global Manufacturing PMI (Oct) 49.50 (Prev. 50.30)5 days ago
- Newsquawk Daily Economic Releases - 4th November 20265 days ago
- Brazilian S&P Global Manufacturing PMI (Oct) 46.1 (Prev. 44.8)5 days ago
- Newsquawk Daily US Opening News - 3rd November 20265 days ago
- Irish HICP Preliminary (Oct YY) 2.5% (Prev. 3.8%)5 days ago
- Irish HICP Preliminary (Oct MM) 0.0% (Prev. 0.2%)5 days ago
- Germany's HDE Lobby Group sees 2026 German Retail Sales +2% in nominal terms, +1% in real terms5 days ago
- Hong Kong GDP Growth Rate Adv (Q3 QQ) 1.9% vs. Exp. 0.8% (Prev. -0.6%)5 days ago