Core Insights - Bank Pekao has revised Poland's GDP growth forecast for 2025 down from 4.0% to 3.6% while increasing the 2026 forecast from 3.7% to 4.0% [1] - Economists predict that economic growth will accelerate in the third quarter of 2025, with an expected year-on-year growth of approximately 4% [1] - The likelihood of achieving an average growth rate of 4% this year is considered low [1] Economic Indicators - The Consumer Price Index (CPI) inflation rate is expected to remain near the inflation target for an extended period, projected to stay below 3% year-on-year by the end of 2025 [1] - Core inflation, although on a downward trend, is anticipated to remain at a high level due to ongoing cost pressures in the service sector [1] Interest Rates - The report forecasts a further decrease in interest rates by 100 basis points in 2026, targeting a rate of 3.5% [1]

日本央行会议纪要：一位成员表示，在下次政策加息阶段，潜在的CPI通胀率可能相当接近2%。 ...