💱US Dollar/Polish Zloty FX Spot Rate
USDPLN
▲ PositiveMonetaryrelevance
Polish inflation hitting target leads markets to price in rate cuts, weakening the zloty.
Impact on assets 1
Others
Polish inflation fell to the National Bank of Poland’s 2.5% target, with broad price declines and stable core inflation, according to ING strategist Frantisek Taborsky. Markets have priced out hikes and begun to price cuts, which he says could pressure market rates and weaken the zloty.
Polish inflation hitting target leads markets to price in rate cuts, weakening the zloty.