NBP Member Litwiniuk says terminal rate is around 3.5% in mid-2026, two 25bp cuts is an option and so is a bigger step
Newsquawk Staff ·
NBP Member Litwiniuk says terminal rate is around 3.5% in mid-2026, two 25bp cuts is an option and so is a bigger step.
What it means
Litwiniuk's comments suggest a more accommodative stance from the NBP, indicating that the terminal rate may trend lower than previously anticipated. The mention of potential rate cuts, whether incremental or more substantial, signals a shift in the monetary policy outlook that could influence market expectations for rates both at home and abroad. This development may also impact the curve dynamics and risk sentiment in related asset classes, particularly within the Eurozone and US.
- 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
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Japan's health ministry halts new Tavneos use, questions Kissei approval data; Mitsubishi Corp approves US copper mine; Samsung Electro-Mechanics joins NVIDIA substrate supply chain
- Newsquawk European Market Wrap - 12th October 2026
- Poland Central Bank member Wnorowski says could raise the base rate at the November MPC meeting and awaiting updated staff projections
Related headlines
- 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 basis18 hours ago
- BCB Governor Galipolo says the BCB only intervenes in the foreign exchange market when it identifies market dysfunction1 day ago
- BCB's Picchetti says economic activity is showing a very clear slowdown, concentrated in cyclical sectors1 day ago
- CNB's Seidler says a 25bps rate hike in November is likely, with the November inflation outlook likely to be revised higher1 day ago
- BCB says the economy has been expanding at a more moderate pace, and the labour market remains hot, but some indicators show signs of cooling1 day ago
- Taiwan Central Bank says it sees strong economic growth this year and stable growth next year, while it forecasts Taiwan GDP at 5.82% growth next year1 day ago
- BoK official says private spending is to slowly rebound from Q4 to Q1 20271 day ago
- BCB poll shows economists see year-end 2026 Selic rate at 13.25% (prev. 13.25%) and year-end 2027 at 11.75% (prev. 12.00%)2 days ago
- Major newswire poll shows Bank of Thailand is unanimously forecast to keep rates unchanged at 1.00% at its meeting on Wednesday, while it is seen to keep rates unchanged throughout next year as weak growth outweighs inflation concerns2 days ago
- CBR Governor Nabiullina says we need longer period of tight monetary policy5 days ago
- Indonesia's central bank official says rupiah movement still manageable following MSCI announcement last week and says we will respond if needed to ensure supply and demand in the FX market5 days ago
- Monetary Authority of Singapore, Malaysia Central Bank and Bank of Thailand are partnering on cross-border digital money settlement5 days ago
- BoK says today's rate decision was unanimous, while the timing and pace of further rate hikes will depend on inflation, economic conditions and financial stability.6 days ago
- Bank of Israel keeps its interest rate steady at 3.25%, as expected7 days ago
- Indonesian Central Bank leaves the BI rate unchanged at 5.75%, raises the Deposit Facility rate to 5.00% (prev. 4.75%)7 days ago