Financing costs have bottomed out
Comment
We still vividly remember the strong inflationary impulse that happened across much of the world in 2022 and 2023 as a result of the pandemic and the military actions of Russia. In some countries, including Poland, additional domestic factors also contributed. As a result, price growth reached levels not seen for many years – in the case of the US, for almost fifty years, and in Poland for more than twenty. The need to combat soaring inflation led to a sharp increase in financing costs.
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