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.
Eurozone inflation slowed in January, though the annual headline rate still sat just above November's two-year low, potentially offering ECB policymakers an opportunity to discuss a path to rate cuts, though perhaps not by as early as the March 7 meeting.
Headline inflation slowed to an annual 2.8%, down from 2.9% in December, but above the 2.4% seen in November. Core inflation also decelerated, slowing to 3.3% from 3.4% in December, flash data released by Eurostat on Thursday showed.
The ECB wants to return inflation sustainably to 2%, with projections currently pointing to that happening in mid-2025. However, some policymakers now say the target could be hit by as soon as mid-to-late 2024. (See MNI SOURCES: "Biggest Minority" Favours ECB June Cut)
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.