Search results
1 – 10 of 66The NBP is not cutting interest rates further partly because of tensions with Prime Minister Donald Tusk’s pro-EU government, following the defeat of the nationalist Law and…
Details
DOI: 10.1108/OXAN-DB285741
ISSN: 2633-304X
Keywords
Geographic
Topical
However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
Details
DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
Keywords
Geographic
Topical
The unexpected decision adds significant momentum to Central Europe’s monetary easing campaign, which began in May when Hungary’s National Bank (MNB) reduced its benchmark rate…
Details
DOI: 10.1108/OXAN-DB282310
ISSN: 2633-304X
Keywords
Geographic
Topical
Lower wholesale natural gas prices have improved balance-of-payments and fiscal positions and driven down inflation rates in Central Europe (CE). Financial markets are pricing in…
Details
DOI: 10.1108/OXAN-DB276156
ISSN: 2633-304X
Keywords
Geographic
Topical
The limited rate hike (annual core inflation is running at 47%) has undermined foreign investors’ hopes that President Recep Tayyip Erdogan’s new economic team would be free to…
Details
DOI: 10.1108/OXAN-DB280020
ISSN: 2633-304X
Keywords
Geographic
Topical
Local investors have used Turkey’s stock market as a hedge against the country’s runaway inflation and government attempts to 'lira-ise' the economy. The market's strong…
Details
DOI: 10.1108/OXAN-DB275691
ISSN: 2633-304X
Keywords
Geographic
Topical
Efficacy of monetary policy at the zero lower bound.
Details
DOI: 10.1108/OXAN-DB210881
ISSN: 2633-304X
Keywords
Geographic
Topical
Hungary’s financial and economic woes are deepening amid a second wave of COVID-19 infections, which is undermining business and consumer confidence, and threatening to derail the…
Details
DOI: 10.1108/OXAN-DB257096
ISSN: 2633-304X
Keywords
Geographic
Topical
However, the unexpected downgrade of Poland by Standard & Poor's (S&P) on January 15 has focused attention on the financial and economic policy stance of the Law and Justice (PiS…
Details
DOI: 10.1108/OXAN-DB208166
ISSN: 2633-304X
Keywords
Geographic
Topical
Days before this announcement, the government asked Congress to approve a primary deficit of up to 96.65 billion reais (some 1.5% of GDP) for this year. The sharp deterioration in…