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: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

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

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

MNI China Daily Summary: Tuesday, December 10

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: No New UK Fiscal Rules From Chancellor Sunak

LONDON (MNI)

UK Chancellor of the Exchequer Rishi Sunak shied away announcing any new fiscal goals or laying out a new fiscal framework to sit alongside the raft of spending plans and the Office for Budget Responsibility projections unveiled Wednesday, as forecast by MNI. He said that the OBR's forecasts showed that current public sector borrowing was clearly not sustainable but he did not set out his longer term fiscal goals. The OBR expects long-term scarring to the UK economy with the economy still 3% smaller in 2025 than in the March Budget, with the jobless rate peaking at 7.5%.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Policy NewsHomepageFiscalCEEMEABriefUKStoryRegion
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Policy NewsHomepageFiscalCEEMEABriefUKStoryRegion
True

To read the full story

Close

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.