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Policy
Policy
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
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Central Bank Responds to Criticism From Banking Sector
- Hungary’s central bank has said breaking down inflation and restoring price stability is a common goal for the entire economy and that banks and companies should also take part in fight against inflation after criticism from a lobby group for the banking industry said yesterday that the sector may suffer additional losses of an annual HUF100b ($282 million) after the latest changes to required reserve ratios and interest rates.
- While excess reserves placed at the central bank will now pay the effective rate (18%) instead of the base rate (13%), lenders’ required reserve ratios will double to 10% in April and an interest of 9.75% will be paid on those reserves, instead of the higher O/N rate. This will further increase the banking sector’s losses from the extended windfall tax, the lobby group said.
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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.