CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Summary of Analyst Views

BOE
  • A split vote on whether to complete the current QE programme is expected today by 16/17 of the analysts who explicitly stated their voting expectations. 4 analysts see 6-2 as their base case, 2 analysts are on the fence between 6-2 and 7-1 while 9 analysts look for 7-1 and one analyst is on the fence between 7-1 and 8-0.
  • There is also not a clear conviction that the sequencing review will be published as part of the August meeting. 5 analysts explicitly look for August, 2 look for November but most note that it could be August or November.
  • Five analysts in our survey have moved from looking for a first hike in 2023 to 2022 since the June meeting. HSBC changed its view immediately after the June meeting while Deutsche Bank, NatWest Markets, RBC and UBS have all changed their view on the first hike in the past week and a half.
  • Growth forecasts are largely expected to be left largely unchanged in the medium-term with the peak unemployment forecast revised down a little while inflation forecasts at the 2/3-year horizon are expected to come in around the 2.0% mark (with NatWest Markets explicitly looking for above 2.0% in 3-years time).
  • For more see the full MNI Bank of England Preview here.
HomepageBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.