Free Trial
KRW

Won Rebounds, USD/KRW Back Close to 1300

RBA

VIEW: ANZ: Diminished Hawkishness

AUSSIE SWAPS

J.P.Morgan Pay The Belly 2-/5-/7-Year Swap Fly

AUSSIE BONDS

A Touch Firmer

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 Access

MNI BRIEF: Dutch Inflation Close To 11% In Worst Case Scenario

(MNI) London
(MNI) London
True

A long war in Ukraine could see headline inflation in the Netherlands hit 10.8% this year and 5.1% in 2023 according to a “severe’ scenario outlined by the Dutch central bank Monday, while the country could slip into recession if Russia cuts off energy supplies to Europe. HICP inflation is projected to average 8.7% this year, before falling to 3.9% in 2023 and 2.4% in 2024 under the DNB's baseline scenario.

Core inflation is projected at 3.9% in 2022, falling to 2.6% in both 2023 and 2024.

Keep reading...Show less
181 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

A long war in Ukraine could see headline inflation in the Netherlands hit 10.8% this year and 5.1% in 2023 according to a “severe’ scenario outlined by the Dutch central bank Monday, while the country could slip into recession if Russia cuts off energy supplies to Europe. HICP inflation is projected to average 8.7% this year, before falling to 3.9% in 2023 and 2.4% in 2024 under the DNB's baseline scenario.

Core inflation is projected at 3.9% in 2022, falling to 2.6% in both 2023 and 2024.

Keep reading...Show less