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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
BOC Sees Progress But Remains Concerned About Inflation Outlook
- Bank of Canada maintains policy rate of 5% as expected, continues quantitative tightening.
- "Governing Council is still concerned about risks to the outlook for inflation and remains prepared to raise the policy rate further if needed."
- The Bank says higher interest rates are clearly restraining spending and relieving price pressures.
- "Data and indicators for the fourth quarter suggest the economy is no longer in excess demand."
- The Bank remains concerned about wages which are still running at +4-5%, shelter price inflation has also picked up.
- The BoC still wants to see further and sustained easing in core inflation.
- No clear nod to potential shift to rate cuts.
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.