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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 ASIA MARKETS OPEN: Tsy Curves Reverse Course Ahead Wed CPI
MNI ASIA MARKETS ANALYSIS:Waiting For Next Inflation Shoe Drop
Key Inter-Meeting Fed Speak – Dec 2024
US TREASURY AUCTION CALENDAR: Avg 3Y Sale
Kubicek Stays Vague Over Rate Cut Timing
- In a TV interview late yesterday, CNB’s Kubicek stated that an easing path ahead will be cautious in nature, with the bank wanting to be certain that they can contain inflation expectations in order to avoid a scenario in which CPI is stuck between 4 and 5%.
- On fiscal policy, Kubicek stated that fiscal developments as well as wage growth are no longer a significant risk to the outlook, with the CNB still expecting to reach their 2% inflation target in around six months. On rate cuts more specifically, Kubicek stated that he cannot say whether rates will be cut before year-end or, alternatively, at the beginning of 2024.
- Mortgage rates continue to pull lower as the CNB appear to have confirmed the peak bank rate, with the average mortgage rate now at 5.8%, the lowest level in a year.
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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.