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Policy
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
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Analyst views (hawkish to dovish) (1/4)
NatWest Markets | Slowdown in pace of purchases in March to GBP1.26bln per operation. GBP50bln QE in Feb 2022 with risks of GBP50bln in Q321. |
Bank of America | Potential tapering this week but "fairly agnostic on exact timing". "Hawks are in control" for next few months but "the focus to turn to easing options late this year." |
JP Morgan | "Positive developments will dominate the other less favorable ones." "Unlikely the MPC will want to push back on the repricing in rates markets." Hike "sometime in early 2023." |
Morgan Stanley | "Expect little concern about rising yields" with unanimous vote for QE/rates on hold. Look for tapering to around half current pace in August with first hike in 2023 after the Fed. |
Pantheon | No longer expect QE extension. QE pace unchanged until the summer. Lower mortgage rates mean MPC "will judge that overall financial conditions remain sufficiently loose". |
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.