Poland CPI Hits 4% YoY, US PCE Softens; Divergent Rate Paths Emerge

Poland's September CPI accelerated to 4% YoY, reinforcing the central bank's cautious stance on rate cuts, while US PCE came in slightly below expectations, offering brief relief to markets after recent hawkish repricing. The divergence highlights contrasting inflation dynamics between the two economies, with implications for respective monetary policy paths.