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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: No Inflation Impact From China Growth Revision- IMF
Despite China growth likely coming in higher than initially expected this year and next, it is unlikely to have any meaningful impact on inflation worldwide in terms for demand for global commodities channel. IMF deputy managing director Gita Gopinath told MNI Tuesday
The IMF earlier upgraded its growth forecast to 5.4% from 5.0% off the back of stronger consumption demand and government stimulus. For next year, the growth outlook was raised to 4.6% from 4.2%
In other comments, Gopinath said the IMF had not changed its stance on 'higher-for-longer' central bank policy rates, despite the rise in global long-term bond yields.
"Overall (we see) no change, given recent developments; interest rates will still need to be kept high for a while," she said.
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.