MNI China Daily Summary: Thursday, November 21

MNI BRIEF: China To Enhance Support For Foreign Trade - MOFCOM

MNI BRIEF: China To Step Up Trade Bloc Negotiations

MNI BRIEF: Yuan's Global Payment Share Falls Again In October

MNI: PBOC Net Injects CNY141.9 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1934 Thurs; -0.93% Y/Y

MNI: UK NOV CBI INDUSTRIAL TRENDS TOTAL ORDERS -19

MNI: FRANCE NOV MANUF SENTIMENT AT 97

MNI: UK OCT PSNCR GBP11.13 BN

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

CIBC See Core CPI Trend Giving BoC Comfort To Cut As Early As June

CANADA
  • CIBC forecast CPI inflation of 0.5% M/M (NSA) which sees a moderation from 2.9% to 2.7% Y/Y.
  • “The levelling off in food prices also appears to have played a large role in bringing weaker monthly changes in the BoC’s trim and median measures of core inflation”.
  • “That should be the case again in April, seeing the Y/Y rates of those measures ease further and keeping the 3 and 6-month annualized trends much more subdued than they were last year.”
  • “While headline inflation remains above target, a continuation of the recent soft trend in core measures should provide the BoC the comfort it needs to gradually start reducing interest rates as early as the June meeting.”
Homepagemarkets-real-time Bank of Canada Market NewsBulletMarketsFixed 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.