NBP Governor Kotecki says the Bank can start thinking about ending rate cutting at 3.5-3.75%
Newsquawk Staff ·
NBP Governor Kotecki says the Bank can start thinking about ending rate cutting at 3.5-3.75%.
What it means
Kotecki's comments suggest a shift in the Bank's approach to monetary policy, indicating that they may soon move away from an easing cycle. If the market perceives this as a more hawkish stance than previously expected, it could lead to adjustments in interest rate expectations and impact the local currency's strength.
- RBI is said to be likely selling dollars through state-run banks to limit a rupee weakness
- Taiwan Central Bank Governor affirms Taiwan has the capacity to establish a sovereign wealth fund and says says relative weakness of the Taiwanese dollar this year is due to foreign investors taking profits on Taiwan stocks
- Chile Central Bank maintains benchmark interest rate at 4.50% as expected, with the decision unanimous, while it stated that the future path of interest rates will be assessed on a meeting-by-meeting basis
- CBR Governor Nabiullina says we need longer period of tight monetary policy
- NBH Governor Varga says that 2026 inflation is to be below 3%
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