The post National Bank of Poland: Wait-and-see stance holds – ING appeared on BitcoinEthereumNews.com.
ING economists Rafal Benecki and Adam Antoniak expect the National Bank of Poland (NBP) to keep interest rates unchanged at 3.75% on 9 July and through year-end, with hikes ruled out and cuts seen as unlikely in the near term. They argue the easing cycle, interrupted by the Persian Gulf turmoil, will only resume once policymakers gain more confidence in the inflation outlook. NBP seen holding rates steady “With inflation back at the 2.5% target in June, we think the Polish central bank is likely to maintain its wait-and-see stance on 9 July. Rate hikes are off the table, while cuts remain unlikely in the near term. Rates should stay unchanged through year-end, although easing discussions may re-emerge later this year.” “At the beginning of June, rate forwards were pricing in more than three rate hikes, whereas by the start of this month some investors had already begun betting on rate
The post Bank of Canada: Policy seen on hold through 2026 – RBC appeared on BitcoinEthereumNews.com.
Royal Bank of Canada (RBC) economist Claire Fan notes that the Q2 2026 Bank of Canada Business Outlook Survey showed resilient sales and investment expectations despite earlier Oil price shocks. With Canadian growth picking up and core inflation still subdued, Fan argues the Bank of Canada (BoC) has little reason to change course and is likely to keep interest rates unchanged through 2026. Rates expected to stay unchanged “With economic growth picking up in Q2 after Q4-Q1 stagnation, and core inflation pressures remaining subdued in latest May, the case for BoC to move in either direction is weak.” “We continue to expect the central bank will opt to leave interest rates unchanged through 2026.” “The Q2 Bank of Canada Business Outlook Survey was conducted in May amid high oil prices due to conflict in the Middle East.” “Against that backdrop, results reflected the expected rising price e
The post Polish Zloty: Dovish NBP tone risks downside – ING appeared on BitcoinEthereumNews.com.
ING economists Rafal Benecki and Adam Antoniak argue that reduced prospects of further tightening by the European Central Bank (ECB) and Federal Reserve (Fed) should ease external pressure on the Zloty. However, they warn that market concerns over a potentially more dovish National Bank of Poland (NBP) are PLN-negative, and with Euro adoption distant, any softening in NBP rhetoric could pose greater downside risks compared with the Forint’s convergence support. PLN vulnerable to softer NBP tone “As the likelihood of further rate hikes from the European Central Bank has diminished and additional monetary tightening by the Federal Reserve this year appears increasingly doubtful, the external negative pressure on the zloty should diminish.” “Still, the FX market appears worried that the NBP may turn more dovish soon, which is PLN negative.” “By contrast, the National Bank of Hungary’s dovish r
Japan's independent monetary policy signals global tightening, impacting carry trades and risk assets, while fiscal expansion continues domestically.
The post Japan’s growth strategy minister pushes back on reports government wants lower interest rates appeared first on Crypto Briefing.
The Fed's stance may lead to sustained higher interest rates, impacting borrowing costs and economic growth while prioritizing inflation control.
The post Fed’s Waller: Rates won’t be lowered to help US finance deficits appeared first on Crypto Briefing.
OPEC+'s output increase amid falling prices could ease inflation, potentially leading to lower interest rates and boosting risk assets like crypto.
The post OPEC+ raises crude output despite falling prices, and crypto markets are paying attention appeared first on Crypto Briefing.
Gold’s modern market history reflects decades of price swings shaped by inflation, interest rates, central bank actions, and geopolitical events. In open markets, gold has only been on the free market for the last 50-some years. Until the month of…
The clash over interest rates highlights potential market volatility and questions the Fed's independence, impacting investor confidence.
The post Donald Trump and Kevin Warsh clash over interest rates, risking Wall Street turmoil appeared first on Crypto Briefing.
Weaker job growth may lead to prolonged low interest rates, boosting gold's appeal as a safe haven and impacting future monetary policy.
The post Gold price climbs as weak NFP data dampens Fed rate hike expectations appeared first on Crypto Briefing.
