CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

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

Nabiullina Warns of More Permanent Domestic Inflation Factors at IEF Forum

RUSSIA

Nabiullina comments RE inflation at the IEF Forum:

  • Nabiullina: "CBR monetary policy is still loose at the moment, but the return to a neutral policy has begun"
  • "I would like to clarify that we have not tightened monetary policy, it still remains loose for now, if you compare the level of the key rate and inflation that we have. We have begun to return to a neutral monetary policy"
  • Says the CBR operates somewhat differently than leading developed countries.
  • "The main difference is that both the Fed and ECB believe that inflation is temporary, a transition factor.
  • We believe that here inflation already has a significant share of persistent components"
  • CBR does not expect a jump in food prices after the end of the agreements, it will monitor the situation
  • Effect of food price regulation is very limited; CBR estimates its impact on inflation to be less than 1% - IFX
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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.