FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

FOMC Instant Answers: Hike "Soon" Appropriate; Preliminary Runoff Roadmap

FED
MNI (London)
  • Any changes to Fed Funds / IORB / ON RRP rates? NO
  • Does the FOMC say net asset purchases will end in February or before March? NO
  • In the 4th paragraph, does the FOMC say the maximum employment goal has been met or could be met soon, or the FOMC is close to or nearing its maximum employment goal? NO, notes "a strong labor market"
  • Does the FOMC say it will consider whether it will be appropriate to hike soon or at its next meeting, or say a hike may soon be warranted/appropriate? YES: "With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the federal funds rate."
  • Does the FOMC describe any potential hikes as ‘gradual’? NO
  • Does the FOMC describe any potential hikes as ‘measured’? NO
  • The FOMC also released a statement on "Principles for Reducing The Size of the Federal Reserve's Balance Sheet". And reaffirmed its Statement on Longer-Run Goals and Monetary Policy Strategy with no changes.
Energy BulletsCommodities
Energy BulletsCommodities

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.