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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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Free AccessMNI BRIEF: Fed Presidents Send Strongest Policy Signal: Study
Federal Reserve Bank communications by regional Fed presidents provide a stronger signal on the likely direction of monetary policy than those by Board Governors, a working paper published by the Bank of Spain Tuesday found after studying speeches between 1997-2018 .
A higher topic intensity or negative tone is also associated with more monetary policy accommodation than implied by the state of the economy, Klodiana Istrefi (Banque de France), Florens Odendahl (Banco de Espana) and Giulia Sestieri Klodiana Istrefi (Banque de France) write, with speeches focusing on financial conditions, financial stability, supervision and regulation are more likely to suggest monetary easing, and speeches on housing are more closely associated with a tighter policy stance.
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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.