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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 Says Common Sense To Slow Hiking Process As Peak Rate Nears
- Q: Why not rip off the band-aid and raise rates today?
- A: The question of speed is a separate question from that of the level. Speed was very important last year. As we get closer to the destination - and per the SEP we're not so far away from it - it's common sense to go a little slower. And so the Committee thought overall that it was appropriate to moderate the pace, if only slightly. That gives us more information to make decisions and the economy a little more time to adapt as we make our decisions, and we don't know the full extent of bank turmoil.
- If you think of the two things as separate variables, the skip - I shouldn't call it a skip. The decision makes sense. It would be a 3-month period of data we can look at (in July).
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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.