Judgment month in Polish finances. NBP and rating in the spotlight

Recent events surrounding the Constitutional Tribunal in Poland have intensified the political conflict between the ruling coalition and the president, impacting public finance reforms. Economists predict no changes in interest rates following a drop in inflation to 3.5%. The upcoming Monetary Policy Council meeting will provide new inflation and GDP projections. The National Bank of Poland faces challenges with its board composition, as the term of Vice President Adam Lipiński ends without new appointments. Additionally, the S&P rating agency is set to evaluate Poland's fiscal trends, following Moody's downgrade. The president of the NBP, Adam Glapiński, may face impeachment proceedings due to alleged misconduct, raising concerns about the central bank's stability.