MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI BRIEF: Japan Nov Sentiment, Outlook Indexes Rise

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

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MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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FED: Hammack Pushes More Work To Do Message

FED
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Cleveland Fed’s Hammack (’24 voter) has offered more extensive comments than expected considering they were only down as “welcome remarks”, in her first meaningful appearance since she assumed her position as Cleveland Fed President. 

A “more work to do” message is evident, offering similar traits to her predecessor when in office although Mester sounded a little more dovish in remarks she made to MNI after she left the post (see Mester's Oct 15 interview on more cuts needed before fine tuning around neutral here).

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Cleveland Fed’s Hammack (’24 voter) has offered more extensive comments than expected considering they were only down as “welcome remarks”, in her first meaningful appearance since she assumed her position as Cleveland Fed President. 

A “more work to do” message is evident, offering similar traits to her predecessor when in office although Mester sounded a little more dovish in remarks she made to MNI after she left the post (see Mester's Oct 15 interview on more cuts needed before fine tuning around neutral here).

Keep reading...Show less