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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessYellen Talks Oil Price Cap To Hit Russia After Canada Meeting
- US Treasury Secretary Janet Yellen says Monday there are discussions about oil price caps as a way to further sanction Russia, says this may also need to be balanced against protecting the global economy
- Yellen spoke after meetings with Canada Finance Minister Chrystia Freeland in Toronto, where they discussed "friend-shoring" and signaled need to reduce reliance on geopolitically different nations like China and Russia for key supplies like rare minerals used in some electronics
- Both called elevated inflation a global trend and said central banks are taking the lead in slowing it down again; also said some fiscal restraint could be helpful
- Freeland said Canada's working hard to boost oil & gas output in the near term, but long-term this must align with climate-change goals
To read the full story
Sign up now for free trial access to this content.
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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.