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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI RBI Preview - August 2024: No Change, Focus Remains On Policy Bias
- The RBI is widely expected to keep rates on hold tomorrow. This is the firm economic consensus and our own bias. Headline inflation outcomes remain sticky, while growth is holding up resiliently.
- This is likely to leave greater focus on the policy bias from the RBI. We see risks of the ‘withdrawal of accommodation’ stance being removed, but the August meeting might be too soon for such a shift. The RBI is likely to want to see further progress on inflation towards the mid-point of the 2-6% target range before shifting to neutral. Such a viewpoint is also the rough sell-side consensus.
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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.