MNI: PBOC Net Drains CNY98 Bln Via OMO Thurs; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1305 Thurs; -0.79% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1305 THURS VS 7.1312

MNI NBP WATCH: Rates Held As 2024 Outlook Remains Hawkish

MNI BRIEF: ADP's Richardson Sees Pockets of Weakness in US Job Market

Australia May Exports +2.8%; Imports +3.9%

MNI:AUSTRALIA MAY TRADE BALANCE A$+5773

US Treasury Auction Calendar

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

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

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

Lane Expects ‘Pretty Stagnant’ Economy For Rest Of This Year

ECB
  • ECB member, Philip Lane, has been speaking in an interview with Het Financieele Dagblad where he emphasised the data dependent nature of the ECB and highlighted the global uncertainties currently present. Lane described the economy as being ‘pretty stagnant’ for the rest of this year and stated the ECB will remain on guard for an extended period.
  • The full interview can be found here.
  • Some key headlines below:
    • Economy to be `pretty stagnant' for rest of 2023
    • We'll keep interest rates high as long as necessary
    • Inflation shocks possible, ECB must be open to doing more
    • We are data-dependent. the world is full of uncertainty.
    • We’re going to be on guard for an extended period.
    • We think inflation will return to 2% by 2025
    • ECB still some way from goal, must monitor wage deals (BBG)
EM BulletFixed Income BulletsHomepageBulletMarketsEmerging Market NewsForeign Exchange BulletsEuropean Central Bank (ECB) Market News

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.