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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's Powell Monitoring Inflation, Seen Temporary
Federal Reserve Chairman Jerome Powell said Wednesday he's not worried about recent high readings on inflation because the spikes "are coming from a small group of goods and services that are tied to the reopening of the economy."
""We are monitoring the situation very carefully. If we were to see that inflation was remaining high and was threatening to uproot inflation expectations then we would absolutely change our policy as appropriate," he said in response to questions from lawmakers.
MNI reported this week the Dallas Fed's trimmed mean inflation indicator is expected to stay well above the Fed's 2% target for at least the next year and a half.
To read the full story
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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.