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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.
STIR
- Harker (’23 voter) adding to Jefferson (voter) in supporting a skip for the June FOMC sees Fed rates slide further.
- June pricing has slumped 9.5bps to 5.155% (just +7.5bps priced) and terminal pricing is down 7bps to 5.26 (cumulative +18bps).
- It's followed by 40bp of cuts from the terminal to 4.86% at year-end (i.e. 22bp of cuts from current levels).
- The trip sits 5-6bps lower than pre-Chicago PMI levels.
MNI: FED'S HARKER: WE CAN TAKE A BIT OF A SKIP FOR A MEETING
FED'S JEFFERSON: SKIPPING HIKE WOULD ALLOW TIME TO ASSESS DATA - bbg
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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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