MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

CBR Expected to Hold Rates Steady, Consumer Confidence at Multi-Year High

RUSSIA
  • The Central Bank of Russia are unanimously expected to stand pat on rates at 16% given persistent inflationary concerns. Economic activity data points to robust domestic demand, while the labour market remains tight. Moreover, expectations of looser fiscal policy will further justify the Bank’s ‘higher-for-longer’ stance.
  • The rate decision itself is at 10:30 GMT. Governor Nabiullina will hold a press conference at 12:00 GMT. See the full MNI Preview, with a summary of sell-side analyst views, here.
  • The consumer confidence index in Russia rose to the highest level in 10 years in the first quarter of 2024, Rosstat reported yesterday afternoon. Confidence rose to -7 in Q1-2024 from -13 in Q4-2023. All components of the index rose, including expectations for the economy in the short term, personal prosperity and prospects for future growth.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.