MNI: PBOC Net Injects CNY184.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1090 Fri; +2.73% Y/Y

CHINA PBOC CONDUCTS CNY292.6 BLN VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1090 FRI VS 7.1286

MNI BRIEF: China Foiling Critical Minerals Startups- Freeland

MNI: Fed's Hammack: Housing Inflation Could Stay Elevated

Japan Tokyo Sep Core CPI +1.8% Y/Y

MNI: JAPAN SEPT SERVICES PPI +2.6% Y/Y; AUG REV +2.8%

MNI JAPAN OCT TOKYO CORE CPI +1.8% Y/Y; SEPT +2.0%

CANADA: Politics Week: Trudeau Facing More Internal Dissent And Departures

CANADA: Politics Week: Trudeau Faces More Pressure To Resign

CANADA: Politics Week: Parliament Opens With Early Election Threats

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BOC Still Sees QT Ending In 2025, Defends QE Policies

BOC
  • BoC Deputy Governor Sharon Kozicki defends QE in speech in Ottawa this Thursday, saying "the unwinding of QE through QT has gone smoothly." Politicians have targeted the Bank for its policy decisions. 
  • "If inflation continues to ease—and our confidence that inflation is headed sustainably to the 2% target continues to increase—it is reasonable to expect further cuts."
  • "The bar for us to use QE again is very high."
  • Kozicki maintained that the BoC expects to end QT "sometime in 2025," but did not mention the settlement balance target used in previous speeches.
  • BoC to publish a report by external experts reviewing its pandemic policies early next year. 
  • "Higher interest rates have worked, inflation is now below 3% and we are seeing more signs that underlying price pressures are easing."
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.