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Global Macro
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About Us
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI CNB Review - August 2024: Moving On To Fine-Tuning
Executive Summary:
- The Board unanimously backed the decision to cut rates by 25bp.
- New staff forecast showed a higher interest-rate path.
- Governor Michl said the CNB wouldn’t mind slight CPI target undershoot.
MNI CNB Review - August 2024.pdf
The Czech National Bank (CNB) reduced the pace of monetary easing to 25bp, in line with analyst consensus and our call, with the decision supported by all seven members of the Bank Board. The decision was underpinned by a new macroeconomic forecast, which included a significant upward revision to the interest-rate path. Accompanying rhetoric was hawkish on balance, with the Board reaffirming its cautious approach, while Governor Michl stated that a modest inflation target undershoot would be “moderately welcome.”
To read the full story
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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.