MNI BRIEF: BOJ Needs More Than One-Off Wage Hikes -Wakatabe

MNI BRIEF: BOJ's Wider YCC Band Weakens Easy Policy- Wakatabe

MNI BRIEF: BOJ's Wakatabe Warns On Inflation Target Ambiguity

MNI: GERMANY DEC TRADE BALANCE 10.0B (FCST 9.3B); NOV 10.9B

Australia Dec Total Dwellings Approval +18.5%

MNI: AUSTRALIA JAN BUILDING APPROVALS +18.5% M/M, -3.8% Y/Y

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
EGB OPTIONS

Schatz put spread buyer

AUDUSD TECHS

Bullish Price Sequence Extends

GOLD TECHS

GOLD TECHS: Bull Trend Extension

BUNDS

BoE and the ECB are at the forefront

OUTLOOK

What to watch

WTI TECHS

(H3) Heading South

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Collins Leans To 25bp Downshift In Feb For Flexibility Towards 5%

FED
Fixed Income NewsHomepageBulletMarketsEmerging Markets NewsForeign Exchange NewsFOMC Calendar Market News
  • Boston Fed’s Collins (non-voter) tells the NYT that she leans to a 25bp hike for the Feb 1 FOMC stage, as deliberation between a 25bp and 50bp hike seem “reasonable”, “but it’s very dependent”.
  • This is a step further from various FOMC member commentary of openness to 25bp or 50bp hikes without committing one way or another at this stage. 31.5bp is currently priced in Fed Funds futures ahead of tomorrow’s US CPI release.
  • “Adjusting slowly gives more time to assess the incoming data before we make each decision, as we get close to where we’re going to hold. Smaller changes give us more flexibility.”
  • "If we’ve gone to slower, more judicious rate increases, it could take us three rate increases to get there [just above 5%] — and then holding through the end of 2023, that still seems like a reasonable outlook to me,”
143 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • Boston Fed’s Collins (non-voter) tells the NYT that she leans to a 25bp hike for the Feb 1 FOMC stage, as deliberation between a 25bp and 50bp hike seem “reasonable”, “but it’s very dependent”.
  • This is a step further from various FOMC member commentary of openness to 25bp or 50bp hikes without committing one way or another at this stage. 31.5bp is currently priced in Fed Funds futures ahead of tomorrow’s US CPI release.
  • “Adjusting slowly gives more time to assess the incoming data before we make each decision, as we get close to where we’re going to hold. Smaller changes give us more flexibility.”
  • "If we’ve gone to slower, more judicious rate increases, it could take us three rate increases to get there [just above 5%] — and then holding through the end of 2023, that still seems like a reasonable outlook to me,”