MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1045 Fri; -3.53% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1045 FRI VS 7.1020

MNI China Daily Summary: Thursday, May 16

MNI BRIEF: China To Take Necessary Measures Following Tariffs

CHINA APR INDUSTRIAL OUTPUT +6.7% Y/Y VS MEDIAN +5.4% Y/Y: NBS

US EIA:NAT GAS STORAGE +70 BCF TO 2,633 BCF MAY 10 WK

MNI: US APR INDUSTRIAL PROD +0.0%; CAP UTIL 78.4%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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BULLET: FOMC Meeting Statement Questions.....................> 

FOMC Meeting Statement Questions
------------------------------------------------
Fed Funds rate range? 2.00% to 2.25%
Any dissents? YES, George and Rosengren wanted no change to rates
Does statement alter sentence "will closely monitor and will act as 
appropriate to sustain the expansion"? YES 
If so, how? They took out "closely."
Does the statement describe a rate cut as being "preemptive" or 
"insurance" or "risk management"? NO
In para. 3, does statement change adjustments, i.e. to accommodation? NO
Any announcements relating to the balance sheet or IOER? If so, what? 
YES, will end in August, two months ahead of schedule
--------------------
The FOMC cut rates by 25bp and ended the balance sheet run-off August 1
rather than October. They note while economic expansion, strong labor 
market, and inflation near 2% still most likely, "uncertainties to the 
outlook remain." They previously said that uncertainties had increased. 
There were only minor tweaks to the economic conditions language.
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