MNI BRIEF: China Aims For AI Standards By 2026

MNI China Press Digest July 2: PBOC, FDI, Land Revenue

MNI: PBOC Net Drains CNY298 Bln Via OMO Tues; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

MNI: PBOC Sets Yuan Parity Higher At 7.1291 Tues; -0.09% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1291 TUES VS 7.1265

Euro-coin Nowcast Little Changed In June

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Flash Inflation In-Line With Tracking; Services Remain Sticky

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

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Lagarde Says Projections Anticipate Shallow and Short Lived Recession

ECB
  • Final Q: Don't you fear that higher rates will lead the eurozone into recession?
  • A: In our staff projections, we anticipate at the turn of the year, a shallow and short lived recession. We also anticipate that after that, for various reasons, the recovery will pick up. But we also believe, because it is our job, that we have to deliver on our mandate of price stability. With the current projections, we have to stay the course, and raise rates significantly at a steady pace, until such time that our interest rates deliver the 2% inflation target.
  • Press Conference Ends
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