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Wells Fargo CEO: Lowering interest rates is clearly the wrong choice until the conflict in Iran is expected to end.
ECB President Christine Lagarde: Broad fiscal support (if implemented) will force the ECB to further raise key interest rates.
European Central Bank President Christine Lagarde: Uncertainty indicates that more information is needed before making policy decisions.
European Central Bank President Christine Lagarde: We have not yet seen energy prices rise to a level sufficient to push us entirely into an adverse scenario. The range of possible outcomes is much broader than in 2022.
European Central Bank President Christine Lagarde: If the conflict is resolved quickly, the economic impact will be manageable.
European Central Bank President Christine Lagarde: There are currently limited signs of supply chain disruptions.
ECB President Christine Lagarde: The ECB is not yet in a completely adverse scenario.
European Central Bank President Christine Lagarde: Returning to the pre-war state will not be easy.
European Central Bank President Christine Lagarde: The economic outlook remains highly uncertain.
The CEO of Wells Fargo stated that the independence of the Federal Reserve is crucial.
European Central Bank President Christine Lagarde: The intermittent nature of the conflict makes assessing its impact exceptionally difficult.
The China Earthquake Networks Center officially determined that a 3.3-magnitude earthquake occurred in Kuqa City, Aksu Prefecture, Xinjiang, at 00:35 on April 21, with a focal depth of 10 kilometers.
European Central Bank President Christine Lagarde: The duration of the energy shock is key to taking appropriate measures.
European Central Bank President Christine Lagarde: The European Central Bank will take appropriate action as needed based on the situation.
European Central Bank President Christine Lagarde will deliver a keynote speech in ten minutes at the German Banking Association's 75th anniversary annual reception.
Federal Reserve Chairman nominee Warsh: A reform-oriented Federal Reserve can truly change the lives of the American people.
Federal Reserve Chair nominee Warsh: Also committed to working with the government and Congress to address non-monetary matters within the Federal Reserve's purview.
The Baltic Exchange has begun consultations on adjusting benchmark freight rates for oil tankers in response to market turmoil caused by the war with Iran.
According to CNBC: Rivian's factory in Illinois was damaged by a tornado.
According to Politico: Warsh said that the Federal Reserve’s interest rate autonomy is crucial, but it must be earned through hard work.
Apr 21, 2023 14:03
Apr 21, 2023 13:58
Apr 20, 2023 13:54