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.
Eurozone headline inflation fell sharply in March, data from Eurostat showed, but there was little cheer for ECB policymakers as the core annual reading edged higher again. The headline reading fell to 6.9% y/y, down from 8.5% in February. However, the core reading rose to 5.7% from 5.6% last month, underlining the task ahead for the Governing Council.
ECB policymakers have said the broader inflation picture remains an issue when setting policy, although recent days have seen some of the Governing Council, including Bank of Portugal head Mario Centeno, remind his colleagues that the target is the headline reading.
Eurozone unemployment was unchanged at 6.6% in February, still hovering around record lows and confirming that the labour market remains tight.
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.