MNI China Daily Summary: Monday, October 14

MNI BRIEF: China Sep M2 Rises To Four-Month High

MNI BRIEF: China Foreign Trade Grow Steady; Exports +4.3% YTD

MNI BRIEF: China Foreign Trade Facing Pressure In Q4

CHINA YTD NEW LOANS CNY16.0 TRLN VS MEDIAN CNY16.3 TRLN: PBOC

CHINA SEP EXPORTS +2.4% Y/Y VS MEDIAN +6.0% Y/Y: CUSTOMS

EZ/UK Bond Supply Calendar: Luxembourg Synd; UK, FI Due Tuesday

MNI: CHINA YTD EXPORTS +6.2% Y/Y IN YUAN TERM: CUSTOMS

MNI BRIEF: China Sep CPI Slows To 0.4% Y/Y On Base Effects

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

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MNI BRIEF: Fed’s Kashkari - Policy Still Tight After Cuts

Minneapolis Fed President Neel Kashkari is optimistic about further disinflation.
USCentral Bank NewsPolicy NewsFederal ReserveEM Policy NewsBriefGlobalStoryRegionNorth America

MNI (WASHINGTON) - U.S. monetary policy remains tight despite the Federal Reserve’s rate cut last month and inflation is likely to keep falling as the labor market cools, Minneapolis Fed President Neel Kashkari said Monday. 

“After cutting rates 50 basis points I think we are likely still in a contractionary stance. We haven’t taken our foot off the brakes, we’ve simply relaxed the brakes a little bit,” he said during Q&A at a university in Argentina.  

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MNI (WASHINGTON) - U.S. monetary policy remains tight despite the Federal Reserve’s rate cut last month and inflation is likely to keep falling as the labor market cools, Minneapolis Fed President Neel Kashkari said Monday. 

“After cutting rates 50 basis points I think we are likely still in a contractionary stance. We haven’t taken our foot off the brakes, we’ve simply relaxed the brakes a little bit,” he said during Q&A at a university in Argentina.  

Keep reading...Show less