MNI INTERVIEW: German FDI In China To Remain Robust Next Year

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

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

Lagarde: Decision was unanimous, data will determine how much ground to cover

ECB
  • Q: Does the absence of September guidance indicate the GC is equally open to different policy outcomes?
  • A: This is the ninth decision to hike in one year. The DFR is now at 3.75%. This decision, which was unanimously agreed on the Governing Council, is driven by one key determination: to bring inflation to target. There is unanimous determination to do so. Data and our assessment of data will tell us whether and how much ground we have to cover. We are deliberately data dependent and we have an open mind as to what future decisions will be. What is decided in September is not definitive. It may vary from one meeting to another. We are not in the domain of forward guidance but we are strongly rooted in the determination to return inflation to target on a sustainable basis.
Homepagemarkets-real-timeEmerging Market NewsBulletMarketsFixed 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.