The EU is tossing around the idea of taking profits from the European Central Bank to plug a budget hole after Brexit – €56bn is being eyed to filli n a hole in the EU’s long-term budget The UK has been the EU’s 2nd largest budget contributor
People’s Bank of China ramping up the onshore yuan value again today … but a much small amount than yesterday though CNY (against USD) is at its highest since August of 2015
Bostic was interviewed at an event Bostic to the WSJ earlier. spoke
Atlanta Fed head Raphael Bostic with an interview with the Wall St Journal The full transcript can be found (may be gated). here Not as hawkish as his from a couple of days ago, but it sheds some light as to how much fiscal policy is weighing on the Fed’s decision making at least. But…
The Bank of England publishes its financial policy committee record of meeting The full report can be found . Not exactly market moving stuff, more towards finance and banking. But more information is always better than less.
Further comments by ECB member Erkki Liikanen It’s been a while since we’ve had a dovish take on the ECB’s policies – especially from one of its own. Not sure how well this will go down with the rest of the council though.
Comments by ECB’s Erkki Liikanen Liikanen also adds that inflation may remain lower than expected for some time still, as reducing economic slack may no longer cause inflation to rise as it has in the past.
ECB governing council and Lithuanian CB head out on the wires 27 March – agrees with market f/c for mid-2019 rate hike Helping to add to general EUR demand but ntg we don’t really know already. ECB aren’t hiking rates anytime soon.
Big revaluation for the onshore yuan again today, CNY is now at its highest against the USD since August of 2015 People’s Bank of China skips open market operations today
Randy Quarles is a member and vice chair for supervision of the Federal Reserve Board of Governors His speech is on So, he has had little to say on the economy nor policy, just that