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.ONS data shows headline UK inflation slowed in year to April.
Despite the modest overshoot in headline inflation versus expectations, there was little to deter the Bank of England from a summer rate cut. However, the continued strength of service sector inflation will, for now, keep the MPC focussed on a data-dependent rate path over coming quarters. (see MNI INTERVIEW: BOE Models Can Ditch 2% Inflation Expectations)
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.Despite the modest overshoot in headline inflation versus expectations, there was little to deter the Bank of England from a summer rate cut. However, the continued strength of service sector inflation will, for now, keep the MPC focussed on a data-dependent rate path over coming quarters. (see MNI INTERVIEW: BOE Models Can Ditch 2% Inflation Expectations)