MNI China Daily Summary: Monday, January 13

MNI BRIEF: China December Vehicle Sales Up 10.5%

MNI BRIEF: PBOC To Add Forex Reserves Allocation In HK - Pan

MNI BRIEF: China 2024 Oil Imports Down 1.9%

CHINA DEC EXPORTS +10.7% Y/Y VS MEDIAN +7.4% Y/Y: CUSTOMS

MNI: PBOC Sets Yuan Parity Lower At 7.1885 Mon; -2.21% Y/Y

MNI BRIEF: China 2024 Exports Grow 5.9% Y/Y

CHINA 2024 EXPORTS +7.1% IN YUAN TERM: CUSTOMS

USDA: CORN STOCKS 12,074M BSL ON JAN 1

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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MNI BRIEF: ECB To Ensure Rates Follow Middle Path -Lane

Rates must be set neither to aggresively nor too cautiously, ECB chief economist says.
Policy NewsHomepageBriefStory

MNI (LONDON) - The European Central Bank needs to ensure that interest rates “follow a middle path” of being “neither too aggressive nor too cautious”, ECB chief economist Philip Lane said in an interview with dm. 

The ECB has to be attentive that rates don’t fall too quickly as “it will be difficult to bring services inflation under control” and also they don’t remain too high for too long.

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MNI (LONDON) - The European Central Bank needs to ensure that interest rates “follow a middle path” of being “neither too aggressive nor too cautious”, ECB chief economist Philip Lane said in an interview with dm. 

The ECB has to be attentive that rates don’t fall too quickly as “it will be difficult to bring services inflation under control” and also they don’t remain too high for too long.

Keep reading...Show less