Free Trial
BRENT TECHS

(F3) Corrective Pullback

USDCAD TECHS

Clears Key Short-Term Support

AUDUSD TECHS

Pierces Key Resistance Points

EUROZONE ISSUANCE

EGB Supply W/C 7 November, 2022

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Pill says around 10ppt is added to inflation forecasts by energy

BOE

Pill asked how much energy prices added to inflation forecasts - he says around 7ppt in direct effects, but indirect effects are higher than this. As a rule of thumb - the indirect is around a third, "so getting to around 10ppt of the 13%."

45 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Pill asked how much energy prices added to inflation forecasts - he says around 7ppt in direct effects, but indirect effects are higher than this. As a rule of thumb - the indirect is around a third, "so getting to around 10ppt of the 13%."