People’s Bank of China sets yuan reference rate People’s Bank of China skipping on OMOs today – Given maturing reverse repos of 30bn yuan today that means a net drain of 30bn yuan —
Robert Kaplan, CEO of Dallas Federal Reserve Kaplan on Bloomberg TV More: – ought to raise rates because we are near full employment – US has labor shortages, especially for skilled workers More
Coeure on French radio – Outlook doesn’t warrant a change in monetary policy stance It’s a trick question, the eurozone was barely growing to begin with. More:
3 year edges higher in March. The NY Fed 1year inflation expectations edged lower, but the three-year edged to the upside: The survey is from consumer expectations. The survey is based on a rotating panel of about 1200 household heads.
More from Constancio: ECB should be cautious that early restrictive policy derails inflation recovery
ECB VP delivering 2017 Annual Report and now answerinq questions – inflation has not yet completely responded to what we wish to see Constancio is now facing questions on from EU lawmakers and stating the obvious/already known so far.
ECB’s Praet in Frankfurt – Monetary policy will evolve in a data-dependent way – There appears to be a disconnect between growth and inflation – Ample degree of monetary policy stimulus remains necessary Could it be that globalization allows you to export inflation? Or that there is still a massive amount of unemployment in southern…
Comments by Bank of Japan governor Haruhiko Kuroda Kuroda an the BOJ has been touching quite a bit on exit policy and the timing of it – though they are rightfully being vague about it. But it’s a rhetoric that the market will have go grow accustom to now.
ECB president Draghi quoted in the 2017 Annual Report 9 April – recent stock market slide has not had significant impact on broader financial conditions Full report but nothing really that we don’t already know.
ECB VP Constancio and chief economist both on the set list for today 9 April First up Constancio 13.00 GMT (14.00 UK/BST) when he presents the ECB Annual Report 2017 by at the ECON parliamentary committee in Brussels.
Some comments by BOJ’s Kuroda as well as a couple of Japanese ministers Seems like that was a short meeting. Kuroda’s presser was initially scheduled for 1000 GMT.