Free Trial

Glapinski Says Rate Cut Talk Is "Premature" But Hopes Discussion Will Be Possible By End-2023

NBP

The first question in a Q&A session with Glapinski is about the timing of the potential debate on rate cuts and the potential scope of initial cuts. The Governor calls such questions "premature" as the rate-hike cycle has not been ended.

  • The official says that any deliberations about policy moves would rather be about hikes and not cuts at this point.
  • Still, he "would like" discussions on rate cuts to be possible by the year-end and agrees with some MPC members that it is realistic.

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.