Category: Headlines
-
FED RAISES BENCHMARK RATE 25 BPS TO 4.75%-5% TARGET RANGE
-
ECB’s Nagel says further hikes are needed in coming meetings if inflation develops as projected, ECBs job is not done yet the bank must be bold and decisive
-
ECB officials claim vindication on rate hike amid price risks, according to Bloomberg, adds officials are increasingly confident the EZ banking system has withstood financial turmoil, allowing them to resume rate hikes in due course
-
ECB’s Visco says interest rates are still relatively low; we must avoid a wage-price spiral
-
UK House of Commons approves the ‘Stormont Brake’ element of the new-post Brexit deal re. N. Ireland; 515 for, 29 against
-
Russia President Putin says talks with his Chinese counterpart were successful and constructive, hopes to stay in constant contact with China President Xi
-
FOMC RATE HIKE ESTIMATES: NOMURA – 25 BPS ( EXPECTS RATE CUT), BARCLAYS 0 BPS, CREDIT SUISSE 0 BPS, GOLDMAN SACHS 0 BPS, BMO 25 BPS, CIBC 25 BPS, CITI 25 BPS, JP MORGAN 25 BPS, MORGAN STANLEY 25 BPS, RBC 25 BPS
-
First Republic Bank says as of March 15th it had a cash position of USD 34bln, not including USD 30bln of uninsured deposits; says insured deposits from March 8th-15th have remained stable
-
JPMorgan & Morgan Stanley alongside other large banks are reportedly in talks regarding a capital infusion into First Republic , options include share sale and takeover, according to WSJ
-
ECB President Lagarde (Q&A) says European banking sector is much stronger than it was in 2008