Economy
16:29 14 March 2021
Post by: WBJ

French fund predicts large increase in inflation in Poland

French fund predicts large increase in inflation in Poland
Source: SnappyGoat

Managing assets worth €37 billion, the French fund Carmignac describes Poland as a country "particularly exposed to an increase in inflation" and predicts that the National Bank of Poland will soon be forced to raise interest rates in order to curb price growth.

Such an opinion was expressed in a letter from a member of Didier Saint-Georges's strategic investment committee. Saint-Georges also admitted that Carmignac is currently taking short positions in the markets it deems most exposed to rising inflation, with Poland as an example.

To clarify: in the financial markets, taking a short position means entering into trades that are profitable in the event of a decrease in the price of a given financial instrument. In practice, therefore, Carmignac predicts a decline in asset prices on the Polish market.

As predicted by the fund, inflation may soon become such a pressing problem in Poland that the NBP will be forced to introduce restrictive monetary policy and raise interest rates sooner than originally planned.

(300gospodarka

poland
inflation
nbp
carmignac
didier saint-georges

More News

lifestyle

LifeStyle
2 months ago

'We work hard, we achieved what we have on our own, we are strong women, and we have our voice': Joanna Krupa

LifeStyle
2 months ago

Magdalena Lamparska: 'Viewers have come to enjoy watching movies at home'

LifeStyle
2 months ago

8th edition of the 4 Design Days in Katowice 25–28 January Everlasting design. Timeless architecture.

LifeStyle
2 months ago

Children's birth completely changed my perception of the world: actress Zuzanna Grabowska

Book of Lists

Book of Lists
3 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
3 years ago

25th jubilee edition of Book of Lists – project start