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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.
EXECUTIVE SUMMARY
- CPI inflation was stronger than expected in April with core at +0.57% M/M (cons 0.4% M/M) after +0.32%, of which airfares accounted for approximately half the surprise.
- It’s not at simple as just an airfare shock though, with sticky rent prices accelerating and a re-broadening in price pressures.
- Year-ago inflation rates have pulled back from March’s multi-decade peaks but are expected to be slow in their decline.
- MNI reviews summaries of fifteen sell side analysts.
PLEASE FIND THE FULL NOTE HERE:
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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