MNI BRIEF: BOJ Sees Risks To Prices In FY25, FY26 Balanced

BOJ: RISKS TO PRICES IN FY2024, 2025 BALANCED

BOJ BOARD SEES FY26 REAL GDP +1.0%

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1056 Fri; -4.56% Y/Y

France Consumer Sentiment Remains in Recent Range

MNI: FRANCE APR CONSUMER SENTIMENT 90

INDON Sov Curve Steepens, GDP Forecast Higher

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Treasury Cmte Chair-Row Back On Taxes May Be Required To Calm Markets

UK

Chair of the House of Commons Treasury Select Committee Mel Stride MP (Con, Central Devon) tweets:

  • "Given the clear government position expressed today on protecting public spending there is an emerging question. Whether any plan that does not now include at least some element of further row back on the tax package can actually satisfy the markets."
  • "Credibility might now be swinging towards evidence of a clear change in tack rather than just coming up with other measures that try to square the fiscal circle. The Chancellor will only get one opportunity to land his plans and the forecast positively. He must take no chances. There is too much at stake for all of us."
Stride has been a prominent voice from the Conservative benches criticising the gov'ts economic plans. Some of this has been viewed as partisan (Stride chaired the campaign of PM Liz Truss' leadership challenger Rishi Sunak), but as select committee chair, Stride's opinions carry notable weight within the party and broader House of Commons.
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsPolitical Market News
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsPolitical Market News

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.