MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

ICYMI: MNI RBA Review - May 2023: Services Inflation & Wages Key To Outlook

RBA
  • The RBA unexpectedly hiked rates 25bp to 3.85%, bringing cumulative tightening to 375bp, after pausing in April to gather more information on economic developments.
  • The meeting statement is little changed from April, except for the addition of some of the revised forecasts, the discussion of services price pressures and importantly the emphasis that inflation return to target in “a reasonable timeframe”.
  • The rate outlook is likely to depend heavily on the quarterly CPI releases, as they include services whereas the monthly one doesn’t, and the RBA’s quarterly forecasts to ensure that inflation will return to target as expected. Thus, the next “live” meeting is likely to be August as Q2 CPI prints on July 26 and new forecasts are due at that decision.
  • See full review here.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.