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NBP seen ‘on-hold’ at this week’s meeting – BBH

Analysts at BBH have ruled out further action by the Polish central bank at its meeting on Wednesday.

Key Quotes

National Bank of Poland meets Wednesday and is expected to keep rates steady at 1.50%”.

“CPI came in at -0.9% y/y in March, and so deflation risks are persistent”.

“We do think easing is likely later this year if current trends continue. The new MPC has so far sounded surprisingly hawkish”.

IMF Managing Director Lagarde defended IMF over comments leak - BBH

Research Team at BBH, suggests that strains within the Eurozone will intensify after the leak of some IMF comments on Greece.
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US Treasury yields drop on oil and caution ahead of Fed minutes

Treasury prices in the US advanced, pushing the yields lower on account of wobbly oil prices and caution ahead of the Fed minutes release. At the t
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