MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI China Daily Summary: Friday, December 13

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI: CANADA Q3 INDUSTRIAL CAPACITY UTILIZATION RATE 79.3%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Kudlow: Not Much Progress On Key Areas In Stimulus Talks

US

White House's Kudlow doing the rounds on the morning news shows, with the same message on stimulus negotiations as yesterday: we're closer to a deal than a few weeks ago, but not much progress on some key areas; White House not willing to meet House Democrats on issues such as state/local funding in this bill.

  • Sounds from Kudlow like there is still a long list of differences between WH and Speaker Pelosi. And that's before the Senate gets involved (Kudlow 'not aware' whether McConnell has urged the White House not to make a deal).
  • As such, Kudlow expressing doubts a deal will get done in the 11 days to election day.
  • Still unclear if/when Pelosi/Mnuchin will speak today.
  • Little market reaction, as Kudlow's comments merely reinforce the status quo.
Political Risk BulletFixed Income BulletsBulletMarketsPolitical RiskForeign 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.