MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

INE Business Confidence Data Supports Upward Revisions In Q1 GDP Forecasts

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Independent Review of Stimulus Needed, Mintz Says

BOC
(MNI) OTTAWA
  • “The Bank erred in 2020 and 2021 in failing to understand the implications of cost-push inflation, which was quite different than the 2008 financial crisis, which led to a fall in demand for goods and services,” Jack Mintz, head of the University of Calgary's public policy school and a former finance department visiting economist, told Senate banking committee Thursday
  • “An independent review of the Bank of Canada’s monetary operations should be considered, similar to the Australian review now being conducted.”
  • Governor Macklem told senators Wed night the Bank will do its own review of tools used after it returns inflation to target; said in hindsight QE should have been ended sooner
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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