MNI: PBOC Net Injects CNY8 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.1196 Fri; -1.41% Y/Y

CHINA PBOC CONDUCTS CNY10 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1196 FRI VS 7.1192

MNI China Daily Summary: Thursday, June 20

MNI: PBOC Net Injects CNY18 Bln Via OMO Thu; Rates Unchanged

Public sector finances also better-than-expected

Retail sales surprises positively - but little monpol impact

MNI: UK MAY PSNCR GBP18.14 BN

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

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Powell Goes Through SEP, Harkens Back To Jackson Hole Speech

FED
  • Goes through SEP projections on unemp and employment, with fancy charts.
    • "Price pressures remain evident across a broad range of goods and services. Although gasoline prices have turned down, they remain well above year earlier levels in part reflecting Russia's war against Ukraine, which has boosted prices for energy and food and created additional upward pressure on inflation."
  • Powell harkens back to his Jackson Hole speech:
    • "Participants continue to see risks to inflation as weighted to the upside. Despite elevated inflation, longer-term expectations remain well-anchored, as reflected in surveys, as well as measures from financial markets. But that is not grounds for complacency. The longer the current bout of high inflation continues, the greater the chance that expectations of higher inflation will become entrenched."
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