What will be the effects of an asset purchase program launched by the NBP?

MACROmap today:

  • PMI to indicate further deterioration of sentiment in the Eurozone
  • FOMC Minutes to confirm dovish bias of the Federal Reserve
  • Data on domestic retail sales slightly negative for PLN
  • Slight acceleration of industrial production growth in Poland
  • What will be the effects of an asset purchase program launched by the NBP?

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