MNI: POWELL SAYS PCE INFLATION CAME IN LINE WITH EXPECTATIONS

MNI China Daily Summary: Friday, March 29

MNI: PBOC Injects Net CNY148 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0950 Fri; -4.70% Y/Y

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0950 FRI VS 7.0948

MNI: US FEB PERSONAL INCOME +0.3%; NOM PCE +0.8%

HICP Tracking at 2.4%Y/Y - One tenth below consensus

HICP 2 tenths softer than expected, but partly on clothing prices

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Pence: Trump To Announce New Sanctions On Cuba

US

Wires reporting that President Donald Trump will announce a new series of sanctions on Cuba today, as he holds an event to honour the veterans of the failed Bay of Pigs invasion of Cuba in 1961.

  • The announcement of increasingly hardline measures against the Cuban gov't is likely targeted at Cuban-Americans in key swing states such as Texas and Florida.
  • In Florida, notably, the Cuban-American vote is substantial and if Trump can get the cohort - which by-and-large is extremely hostile to the Cuban gov't - to vote Republican and in large numbers it could help him to carry the state for a second consecutive election.
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