NBP Post-Policy Statement: Rate cut should be seen as an adjustment and future decisions hinge on data, may intervene in the FX market
The NBP's post-policy statement indicates a rate cut should be interpreted as an adjustment rather than a policy shift, emphasizing that future decisions will depend on incoming data.
OpenAI's next AI model will reportedly have "extreme" reasoning, The Information reports
US EQUITY OPEN: Indices edge higher as Middle East conflict remains the focus as MS Tech conference highlights awaits
NBP Post-Policy Statement: Rate cut should be seen as an adjustment and future decisions hinge on data, may intervene in the FX market
US ISM Services PMI (Feb) 56.1 vs. Exp. 53.5 (Prev. 53.8, Low. 52, High. 54.2)
US ISM Services New Orders (Feb) 58.6 (Prev. 53.1)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- The outlook for global activity and inflation is subject to uncertainty, related, in particular, to geopolitical situation.
- The annual GDP growth was positively affected by an increase in domestic demand, including consumption and investment.
- Annual wage growth in the enterprise sector in January 2026 was markedly lower than in the previous month.
Median Projections:
Inflation:
- 2026 --> 2.25% (prev. 2.95%)
- 2027 --> 2.4% (prev. 2.6%)
- 2028 --> 2.55%
GDP:
- 2026 --> 3.9% (prev. 3.65%)
- 2027 --> 2.9% (prev. 2.6%)
- 2028 --> 2.95%
This guidance, along with a potential for FX market intervention, suggests the central bank is looking to support economic conditions amid geopolitical uncertainties, with lowered inflation projections implying a more cautious approach to monetary policy going forward.
Related headlines
- Newsquawk Weekly US Earnings Estimates - 10-14th August 2026: Earnings calendar thins significantly next week; CSCO and AMAT the highlightsAug 07
- Newsquawk Weekly US Earnings Estimates - 10-14th August 2026: Earnings calendar thins significantly next week; CSCO and AMAT the highlightsAug 07
- Newsquawk Week In Focus - 10-14th August 2026 - Highlights include: US CPI, US Retail Sales, RBA, BoJ SOO, and UK GDPAug 07
- Russia President Putin says CBR monetary policy is not too tight1 hour ago
- Banxico Deputy Governor Heath says recent inflation data is very good, but not a victory20 hours ago
- Nordea pulls forward Riksbank tightening call; sees 25bps hike to 2.00% in November, another 25bps hike in February 20271 day ago
- Israel Central Bank cuts the Base Rate to 3.25%, as expected1 day ago
- Riksbank Deputy Governor Jansson says Sweden’s inflation outlook has become more uncertain after unexpectedly high inflation readings this summer; Sweden’s economic recovery could prove more persistent than expected.3 days ago
- RBI is likely selling dollars through state-run banks to support the rupee3 days ago
- Brazil Central Bank sells USD 1bln in spot dollar auction6 days ago
- NBP Minutes (Jul): Members say prices may rise in the coming months, primarily due to higher VAT and fuel excise tax6 days ago
- Philippines Central Bank Governor says expects inflation to move closer to the target over the medium term, and remains vigilant to continue to risk on the inflation outlook, while they stand ready to take measures to fulfil the mandate7 days ago
- BoK Governor Shin says inflationary pressure looks like it is here to stay, and back-to-back rate hike was necessary to preemptively respond, and needed to act by raising interest rates before inflationary pressures grow further7 days ago
- BoK says inflation is projected to remain above the target level for a considerable time, notes domestic economy is expected to continue to robust growth as exports and investments sustain their high growth7 days ago
- Brazil Central Bank to offer up to USD 1bln in spot dollar auction and up to 20,000 contracts in reverse FX swap auction on Thursday7 days ago
- Banxico forecasts 2026 GDP growth at 1.5% (prev. 1.1%) and 2027 GDP growth at 2.0% (prev. 2.1%); forecasts average annual core inflation in Q4 of 3.5% (prev. 3.4%) and annual average headline inflation in Q4 of 3.5% (prev. 3.5%)7 days ago
- Bank Indonesia Governor Destry says Bank Indonesia policy represents continuation of its efforts to maintain stability and support growth, notes current challenges include more fragmented geopolitical landscape and volatile financial marketsAug 26
- Bank Indonesia interim governor Destry is to serve a full five-year term as a governorAug 26
- NBH says the central bank is committed to achieve and maintain price stability; the Council will decide on the future path of the base rate based on the September Inflation Report.Aug 25
- Riksbank Minutes: Seim says still concerned that inflation might become too highAug 25
The whole workspace, free to try.
Try it free