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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.
CEE
- National Bank of Serbia (NBS) sees inflation accelerating in January and February according to its quarterly report.
- As a reminder, NBS decided to leave its benchmark rate steady at 1% as expected for a 14th straight month in last week's meeting.
- We have seen that the NBS has not followed its CEE peers in recent months, where central banks have been raising rates aggressively to curb inflationary pressures.
- Economic data showed last month that inflation accelerated to 7.9% YoY in December (as exp.), up from 7.5% the previous month, diverging significant from the NBS 4.5% upper tolerance band.
- January inflation update will come out on February 22, with sell-side firms expecting CPI inflation to accelerate to 8% YoY.
Source: Bloomberg/MNI
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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