MNI BRIEF: BOC Governor Tiff Macklem Opening Statement

MNI BRIEF: Text of Bank of Canada Interest-Rate Decision

BOC CUTS RATE 50BPS TO 3.25%, SEES GRADUAL APPROACH FROM HERE

MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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 Will Consider Hiking Rates at Upcoming Meetings; Putin to Meet Belarus’ Lukashenko

RUSSIA
  • Interfax reports that the CBR will consider the case for rate hikes at its upcoming monetary policy meetings due to increasing inflationary risks. The Bank held its key rate at 7.5% in March, with policymakers set to convene on April 28 for the next rate review. “This decision is not predetermined, and in fact the decision will depend on the development of events received by the data”, the Deputy Chairman of the central bank said.
  • Elsewhere, the news agency noted that the Duma committee had to postpone yesterday’s debate on the CBR annual report due to the absence of senior officials. The meeting was rescheduled for April 10.
  • S&P Global's Composite PMI for Russia rose to 56.8 in March from 53.1. This marks the highest reading since August 2020 and the second consecutive month of expansion. The Services PMI rose to 58.1 from 53.1 in February, again marking the highest reading since August 2020.
  • President Putin plans to hold a virtual meeting of the Russian Security Council today concerning Russia-occupied regions of Ukraine. Putin will also hold talks with his Belarusian counterpart Alexander Lukashenko in Moscow. Tomorrow, the pair will take part in a meeting of the Supreme State Council of Russia and Belarus.
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.