-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: BOE's Dhingra Sees Risk Of Over-Tightening
Bank of England Monetary Policy Committee newcomer Swati Dhingra told lawmakers that with the UK economy already contracting "there is a risk of overtightening,” but other MPC members gave different views to the Treasury Select Committee on Wednesday.
Dhingra voted for a smaller rate hike than the majority at her first meeting in September, opting for a 25-basis-point increase, while in November she backed 50 bps rise when the MPC chose 75 bps. Her colleague, Catherine Mann, who has been at the hawkish end of the MPC, also presented evidence on the November Monetary Policy Report to the TSC, restating her case for front-loading hikes in order to bring down inflation expectations.
BOE Governor Andrew Bailey noted that even on the Bank's unchanged policy rate forecast, holding Bank Rate at its current 3%, inflation was projected to substantially undershoot the 2% target towards the end of the 3-year forecast horizon, reaching just 0.84%. Bailey said that the key upside risk to this forecast was "the very tight labour market", with labour shortages being passed on into higher wages. (See MNI POLICY: BOE Points To 4% Peak At Most, Then Rate Cuts)
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.