Free Trial
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.
FED
- The NY Fed’s supply chain pressure index (GSCPI) last year saw a sizeable improvement from the Dec’21 peak of 4 standard deviations to just 1 but it has plateaued around there since September.
- Released earlier today, research from Liberty Street Economics/NY Fed (here) showed that in their baseline of the GSCPI returning to 0, CPI inflation is seen falling to 3.8% Y/Y twelve months on from the 6.2% in Jan’23 on 12-month log percent change basis.
- However, in a shock scenario with the GSCPI remaining at 1 and oil prices increasing 30%, CPI inflation would only slow from 6.2 to 5.9%.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok