CEE FX: Mixed PMI and inflation keep zloty capped – ING
Frantisek Taborsky at ING notes diverging PMI signals in Central Europe, with strong Czech sentiment and weaker Poland, but still expects Polish growth above 3% in 2026. Softer Polish inflation and a potentially dovish National Bank of Poland outlook are reflected in modest rate-cut pricing.
Frantisek Taborsky at ING notes diverging PMI signals in Central Europe, with strong Czech sentiment and weaker Poland, but still expects Polish growth above 3% in 2026. Softer Polish inflation and a potentially dovish National Bank of Poland outlook are reflected in modest rate-cut pricing.
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