MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

Monthly Retail Sales Volatility Obscures Still-Positive 3m/3m Trend

Retail Sales Grow Slightly In June, Consistent With Surveys

Collective Wages Continue To Tick Higher

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

StL Fed Bullard

FED

Sneaking in an interview ahead an eco/mon-pol outlook at Columbia University event at 1100ET, StL Fed Bullard appears on CNN last few minutes, markets diminishing react to hawkish tones. Salient headlines\ from Rtrs

  • WE HAVE HIGH INFLATION IN U.S.
  • WE'RE MISSING OUR INFLATION TARGET BY MORE THAN 300 BPS
  • GOOD TARGET IS TO HAVE FUNDS RATE UP BY ABOUT 100 BPS BY JULY 1
  • DOESN'T THINK RAISING RATES WOULD BE RISKING RECESSION
  • MARKETS HAVE DONE A LOT OF PRICING IN ALREADY
Treasury futures near post-data highs, 30YY -0.0506 at 2.2949%, 10YY -.0541 at 1.9841%. Yield curves unwinding some of Wed's steepening, 2s10s -3.381 at 47.943.
Energy BulletsCommodities
Energy BulletsCommodities

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.