MNI BRIEF: China June CPI Hits Three Month Low

RBNZ MPC SAYS OCR "HAS SIGNIFICANTLY REDUCED CPI"

MNI: RBNZ LEAVES OCR AT 5.5%

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

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

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

Headline CPI Ticks Down To 0.2% Y/Y, PPI In Line

CHINA JUNE FOOD PRICES -2.1% Y/Y VS -2.0% Y/Y MAY

CHINA JUNE CPI +0.2% Y/Y VS MEDIAN +0.4%; MAY +0.3% Y/Y: NBS

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

McCarthy: Negotiators To Work 24 Hours A Day Until Deal Reached

US

House Speaker Kevin McCarthy (R-CA), has delivered an update to the press as negotiators prepare to resume another day of talks on the debt limit.

  • McCarthy said negotiators "made some progress" yesterday in talks which went "well past midnight," but there are "still some outstanding issues."
  • McCarthy: "I have instructed negotiators to work 24 hours a day to get a debt ceiling deal."
  • Politico writes: “...Republicans and the White House are closing the gap on spending levels,” but, “One person briefed on the negotiations said that while the gap has narrowed, the two sides are still tens of billions of dollars apart.”
  • House Minority Leader Hakeem Jeffries (D-NY) and McCarthy confirmed yesterday that lawmakers will be dispatched home for the Memorial Day weekend but will be summoned back to Washington if a deal emerges.
  • Punchbowl News reports reports that a deal, finalised by the weekend, could be brought to the House floor for a vote as early as Tuesday but notes, “it will be a high-wire 10 days or so on Capitol Hill from now until the end of next week.”
  • See today's MNI US Daily Brief for more analysis: LINK
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
HomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed 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.