MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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: Fed’s Goolsbee-Too Soon To Commit To Timing Of Cuts

The Federal Reserve could cut interest rates sooner than later if inflation falls faster than expected, but policymakers should not commit to any timing of cuts before they have more data at hand, Chicago Fed President Austan Gooslbee said Friday.

“I don’t like tying my hands when we still have weeks of data,” he told CNBC. “We go meeting by meeting, let’s not commit ourselves to hypotheticals on what we might do in three meetings.” (MNI BRIEF: Bullard Says March Is Too Early For Fed To Cut)

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
USCentral Bank NewsPolicy NewsHomepageFederal ReserveNorth AmericaBriefStoryRegion
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
USCentral Bank NewsPolicy NewsHomepageFederal ReserveNorth AmericaBriefStoryRegion

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