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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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Free AccessPowell Dismisses Question On Market Pricing, Focused On Job At Hand
- Q: Are you broadly comfortable with market pricing of easing?
- A: We've had a see-saw thing, back-and-forth over the course of the year of markets moving away and moving back. And I would just say we focus on what we have to do and how we need to use our tools to achieve our goals, and that's what we really focus on. And people are going to have different forecasts about the economy. In any case, we have to do what we think is right. And in the long run it's important that financial conditions become aligned or are aligned with what we're trying to accomplish. In the long run they will be, but in the meantime there can be back-and-forth.
- Powell asked about whether he thinks inflation is coming down credibly: "I welcome the progress.. 6-month numbers are very low, 12-month are well above 2%, above 3% on core through November PCE. The progress is great, we just need to see more.
To read the full story
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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.