MNI BRIEF: Japan Q4 Output Gap Posts Positive Figure - BOJ

MNI: PBOC Drains Net CNY248 Bln Via OMO Weds; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0949 Weds; -4.77% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.0949 WEDS VS 7.0957

MNI China Daily Summary: Tuesday, April 2

Energy Drives Headline Increase To 3.1% Y/Y

UK Timeline of Key Events (All Times UK)

Eurozone Timeline of Key Events (BST)

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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

Fed Hike Expectations Back Near Post-FOMC Levels

STIR FUTURES
  • Hike expectations have dipped through the day following a rise in unemployment and modestly softer wage growth.
  • The high bar to non-50bp hikes over the next couple meetings still stands with 53bp for June and 100bp for July, but this is down 3-4bps from prior to payrolls.
  • Fedspeak: Kashkari (’23 voter) earlier pushed back on further accelerating tightening, saying he sees real long-term rates already at their pre-pandemic level so it’s important to follow through on forward guidance. Bostic (’24), Bullard (’22), Waller (voter) and Daly (’24) still to come.
  • There’s a pause on Monday before another flurry of speakers on Tue, including a speech from Williams (voter) as opposed to today’s opening remarks, before CPI for April on Wed.
BulletMarketsFixed Income BulletsForeign Exchange BulletsHomepage

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.