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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
- The monthly government deficit jumped to $296bn in Feb (cons $298.5bn) after the $22bn in Jan, a widening from the $262bn in Feb’23.
- Expenditure increased to $567bn from $525bn a year ago, with $26bn of the $43bn increase coming from net interest.
- Revenue increased to $271bn vs $262bn a year ago, driven by a $9bn increase in individual income taxes.
- It leaves an overall deficit tracking at ~6.5% GDP on a twelve-month rolling basis. Interest expenses account for 2.8% GDP of that. Yesterday’s Budget proposed a deficit of 6.6% GDP for FY24 before 6.1% GDP for FY25.
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.
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