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Zloty s Slide Sends Warning Across EU s East on Rate Cut Risks

(Bloomberg) The steep rout in eastern European currencies is raising speculation among market strategists that policymakers will have to slow their plans to ease monetary policy.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereGuyana Is World’s Most Booming Economy — And Is Set to Grow 38% This YearTech Giants Powe

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Goldman and JPMorgan Diverge on Zloty Outlook After Rates Drama

Goldman and JPMorgan Diverge on Zloty Outlook After Rates Drama
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Polish Zloty Set for Biggest Weekly Loss Since Invasion of Ukraine

(Bloomberg) The Polish zloty is on track for the steepest weekly decline since the aftermath of Russian’s invasion of Ukraine in early 2022. Most Read from BloombergHong Kong Extends Shutdown After Record Rain Overwhelms CityApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsUS Probes Made-in-China Chip as Alarm Over Huawei GrowsTrudeau Says There’s No Room for Political Rapprochement With China‘Blame the Boomers’ for Surging House Prices, Barclays SaysThe currency has fallen more th

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Polish Central Bank Governor s Defense of Rate Cut Triggers More Zloty Losses

Polish Central Bank Governor s Defense of Rate Cut Triggers More Zloty Losses
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Selcuk gokolukDonald tuskKonrad krasuskiAdam glapinskiLaw justice partyGovernor adam glapinskiJustice partyAsset managementWojciech moskwa

Polish Central Bank Governor s Defense of Rate Cut Triggers More Zloty Losses

(Bloomberg) Polish central bank Governor Adam Glapinski struggled to convince investors this week’s surprisingly steep interest-rate increase was justified, deepening the selloff in the zloty and drawing criticism that he was doing the nationalist ruling party’s bidding before next month’s elections.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, Age

Selcuk gokolukDonald tuskAdam glapinskiKonrad krasuskiBloomberg businessweekLaw justice partyGovernor adam glapinskiJustice partyAsset managementWojciech moskwaAdam glapinskiCentral bank governorParliamentary elections