MNI China Daily Summary: Thursday, December 12

RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: EZ Inflation Expectations Dip In May - ECB Survey

Eurozone inflation expectations for the coming year edged lower in May, slipping to a near three-year low at 2.8% from 2.9% in April, the ECB's Consumer Expectations Survey showed.

They are now at their lowest level since September 2021. 

Median expectations for inflation three years ahead also edged down, to 2.3% from 2.4% in April. Inflation expectations at the one-year and three-year horizons remained below the perceived past inflation rate -- which slipped to 4.9% from 5.0% in April. 

The ECB's Governing Council continues to set policy to return inflation to the 2% target, with projections currently seeing a sustainable return by H2 2025. In May, headline inflation stood at 2.6% -- the flash June data is set for release on July 2 (see MNI SOURCES: September Rate Cut In Sight For ECB)

 

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsHomepageEuropean Central BankCEEMEABriefGlobalStory
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Central Bank NewsHomepageEuropean Central BankCEEMEABriefGlobalStory

To read the full story

Close

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.