MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

MNI BRIEF: Aussie Unemployment Prints Tighter At 4% In May

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1122 THURS VS 7.1133

MNI BRIEF: China To Aid Outdated New-Energy Capacity Clear-out

Australia May Unemployment Rate 4.0%

MNI:AUSTRALIA MAY UNEMPLOYMENT RATE +4%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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

MNI BSP Preview - December 2021: No Move On Rates Likely Until Well Into ‘22

EXECUTIVE SUMMARY

  • A slowdown in headline CPI inflation allows Bangko Sentral ng Pilipinas to keep monetary policy settings accommodative and continue stimulating economic rebound, even as price growth remains above target.
  • Governor Diokno's rhetoric suggests that policymakers will be patient and hold off on policy normalisation until there are clear signs that the economic recovery is in full swing.
  • While domestic Covid-19 situation has improved and resultant relaxation of social distancing measures has been a boon to economic activity, the emergence of the Omicron variant remains a lingering risk for the country, which has inoculated just over a third of its population.

Click to view the full preview: MNI BSP Preview December 2021.pdf

Asia Bank - PreviewHomepageBangko Sentral ng Pilipinas - PrevEM Central Bank ReportsEM Central Bank PreviewEmerging Market News

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.