|2022/10/03 / Erste Group Research|
There are three central bank meetings scheduled this week. In Romania and Serbia, we should see further rate hikes of at least 50bp. In Poland there is some uncertainty about another policy rate increase. The Polish MPC members have been already communicating that the tightening cycle is coming to an end; thus, one more 25bp hike is far from set in stone. However, inflation flash estimate for September published on Friday surprised to the upside, what increases the probability of the rate hike.
|Author||Erste Group Research|
|Topic in focus||FX, Macro/ Fixed income|
|Economy in focus||CEE, Poland|
|Currency in focus||Polish Zloty|
|Sector in focus||-|
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