Free Trial

Powell testimony: "patient" stance warranted....>

FED
FED: Powell testimony: "patient" stance warranted due to uncertainty, muted
inflation
- Sees "crosscurrents and conflicting signals" from financial markets, China,
Europe, Brexit, trade.
- No end date for QT, will evaluate timing, approach
- Remain data dependent. No mention of next move direction.
- Still expect "solid" econ activity though slower than 2018.
- Repeats energy price dip transitory; expect infl to run close to 2%

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.