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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.
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Free AccessMNI BRIEF: BOJ Opinions: Wage-Price Cycle Possible
One Bank of Japan board member at the July 20-21 meeting said that a virtuous cycle between wages and prices is expected to be achieved, the summary of opinions released Friday showed.
“Recent price hikes by various firms indicate that a change may have arisen in the conventional mindset among firms toward raising prices," another member said, but one said "prices have risen recently due to higher import prices. However, achieving the price stability target in a stable manner is difficult given developments in the output gap and inflation expectations.”
Another member said CPI gains are likely to wane as energy costs reduce.
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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.