MNI China Daily Summary: Friday, April 26

MNI BRIEF: China, US Should Strengthen Dialogue, Cooperation

MNI BRIEF: SNB Framework Reform 'Playing With Fire' - Steiner

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

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

MNI: BAKER HUGHES US RIG COUNT 613; OIL RIGS 506; GAS RIGS 105

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL APR INDEX 77.2

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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MNI BRIEF: ECB's Holzmann Sees No Rate Cut Guarantee In 2024

(MNI) LONDON
(MNI) London

Discussions of ECB easing are premature and there are no guarantees interest rates will fall from current levels in 2024, Austrian central bank head Robert Holzmann said Thursday.

In a statement published on the OENB website, Holzmann said "monetary policy normalisation is already having an effect on the decline in inflation, but it would be premature to think about rate cuts just yet". His views run against those of Portugal's Mario Centeno, who spoke to MNI just before Christmas. (MNI INTERVIEW: ECB Could Discuss Cut Timing In Jan-Centeno)

Holzmann added that the coming year will again be challenging, but inflation will continue to fall, with the euro area "probably" reaching the ECB's 2.0% inflation target within the next two years. Inflation is also expected to fall in Austria, although not as quickly as in the rest of the euro area, he said.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
AustriaCentral Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefEuropean Central BankRegion
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
AustriaCentral Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefEuropean Central BankRegion
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