Mindblown: a blog about philosophy.
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FED STATEMENT; “The Committee anticipates that some additional policy firming may be appropriate”
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Fed Statement comparison
Fed
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FED RAISES BENCHMARK RATE 25 BPS TO 4.75%-5% TARGET RANGE
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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
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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
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ECB’s Visco says interest rates are still relatively low; we must avoid a wage-price spiral
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UK House of Commons approves the ‘Stormont Brake’ element of the new-post Brexit deal re. N. Ireland; 515 for, 29 against
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Morning Market Report – 22 March 2023
Get the latest data on stocks with our daily stock trade report – stay informed and make decisions that increase returns
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End of day Report March 21st
Light in the way of numbers today but also with a slight shift towards a possible 25bp hike tomorrow. Stay Up to date.
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Russia President Putin says talks with his Chinese counterpart were successful and constructive, hopes to stay in constant contact with China President Xi
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