MNI China Press Digest Feb 21: Consumption, Financing, Sino-EU

MNI: PBOC Net Injects CNY84 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1696 Fri; -0.88% Y/Y

MNI: Fed’s Kugler - Watching Policy Shifts Before Acting

MNI: Fed's Bostic Sees 2 Cuts This Year But High Uncertainty

MNI BRIEF: All Members Agree On Inflation Improvement -Banxico

MNI: UK FEB GFK CONSUMER CONFIDENCE INDEX -20

MNI JAPAN JAN CORE CPI +3.2% Y/Y; DEC +3.0%

EZ/UK Bond Supply Calendar: IT Piu; EU, BE Due Monday

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BOE: Pill when asked on whether he would vote for a 50bp cut

BOE
Bank of EnglandCentral Bank NewsCEEMEABulletUKMarketsFixed Income BulletsForeign Exchange Bullets
  • "The clear thing I think that the committee as a whole would strongly endorse, is the committee has a clear objective or mandate that is achieving the 2% inflation target underlying domestic inflationary pressures in the UK. Those are the things that we influence by setting UK monetary policy, I think they are showing directionally the right movements. We are seeing an easing of inflationary pressures in a direction that's moving us towards the achievement of that 2% inflation target. But we are not there yet, and therefore we need to maintain some restriction in the system to ensure that that progress with this inflation towards target continues. So then.
110 words

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.
  • "The clear thing I think that the committee as a whole would strongly endorse, is the committee has a clear objective or mandate that is achieving the 2% inflation target underlying domestic inflationary pressures in the UK. Those are the things that we influence by setting UK monetary policy, I think they are showing directionally the right movements. We are seeing an easing of inflationary pressures in a direction that's moving us towards the achievement of that 2% inflation target. But we are not there yet, and therefore we need to maintain some restriction in the system to ensure that that progress with this inflation towards target continues. So then.