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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.
Europe faces a “very difficult” combination of low economic growth and high inflation, European Central Bank vice president Luis de Guindos said in an interview Friday, with the downside scenario outlined in September’s macroeconomic growth and inflation projections - according to which the euro are economy will shrink by almost 1% next year, with average inflation of 6.9% - coming closer to being the baseline.
Financial markets are still looking for higher rates from the ECB as inflation continues to dominate the outlook, with 125 bps of hikes expected across the next 2 meetings. The rate is now expected to rise to around 3% by Autumn 2023.
MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
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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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