Free Trial
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.
US DATA
- Core PCE inflation was on balance broadly in line with expectations in November, rising a ‘small’ 0.2% M/M (unrounded 0.168%, cons 0.2) but after an upward revised 0.262% M/M in Oct (initial 0.219%).
- Further, the bulk of the very small upward revision in yesterday’s Q3 data turned out to land in July and August, not having much impact on more recent momentum.
- Taken together, the latest pace of moderation is very slightly faster than first thought and it leaves a core PCE print in line with the monthly rate consistent with the 2% inflation target. Aside from July, this is the first time this has been the case since Feb’21 and FOMC members will now want to see sustained prints at this level.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok