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March ECB meeting preview: A large Russian cog in the policy recalibration
Ever since February’s meeting, this month’s ECB announcement has been widely expected to be a watershed moment for monetary policy. Although there is no chance of any move on key interest rates just yet, updated economic forecasts are likely to show yet another upward revision to the inflation outlook. This would provide additional ammunition for those Governing Council (GC) members who already see the central bank’s stance as too accommodative and might just pave the way for a hike in rates later in the year. Splits over policy have been widening since inflation started to accelerate last year and became even ... (full story)
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- Mar 8, 2022 11:27am Mar 8, 2022 11:27am
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Okpala1988 - | Joined Jul 2015 | Status: Member | 41 Comments
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From poundsterlinglive.com|Mar 8, 2022The Euro to Dollar rate extended a tentative recovery from early 2020 lows on Tuesday, leading the European single currency to rise almost across the board while keeping intact a ...
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From finance.yahoo.com|Mar 8, 2022The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, fell 6.8% in March — its third consecutive month of decline. The overall reading now stands ...
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From @AceMarketU|Mar 8, 2022|11 commentstweet at 9:48am: EU AIMS TO CUT RUSSIAN GAS DEPENDENCE BY ABOUT 65% THIS YEAR tweet at 9:49am: EUROPEAN COMMISSION PUBLISHES PLAN TO CUT EU'S RUSSIAN GAS USE BY NEARLY TWO THIRDS WITHIN A YEAR AND END IT 'WELL BEFORE 2030'REPowerEU: Joint European action for more affordable, secure and sustainable energy The European Commission has today proposed an outline of a plan to make Europe independent from Russian fossil fuels well before 2030, starting with gas, in light of Russia's invasion of Ukraine. This plan also outlines a series of measures to respond to rising energy prices in Europe and to replenish gas stocks for next winter. Europe has been facing increased energy prices for several months, but now uncertainty on supply is exacerbating the problem. REPowerEU will seek to diversify gas supplies, speed up the roll-out of renewable gases and replace gas in heating and power generation. This can reduce EU demand for Russian gas by two thirds befo
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From youtube.com/whitehouse|Mar 8, 2022|2 commentsPresident Biden Announces Actions to Continue to Hold Russia Accountable for its Unprovoked and Unjustified War on Ukraine.
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From @lemasabachthani|Mar 8, 2022|13 commentstweet at 11:25am: *BIDEN: WILL BAN IMPORTS OF RUSSIAN OIL, ENERGY tweet at 11:26am: BIDEN SAYS MADE DECISION IN CONSULTATION WITH ALLIES || BIDEN SAYS WE UNDERSTAND MANY ALLIES MAY NOT BE ABLE TO JOIN US tweet at 11:28am: BIDEN: WE REMAIN COMMITTED TO PUTTING PRESSURE ON PUTIN. tweet at 11:31am: BIDEN SAYS GASOLINE PRICES WILL GO UP FURTHER WITH THIS MOVE #News #Forex #BIDEN tweet at 11:35am: Must accelerate transition to clean energy - Biden #oott
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From cnbc.com|Mar 8, 2022Interest rates are almost undoubtedly going up this month, for the first time in three years. The Federal Reserve is expected to raise its benchmark interest rate by 0.25% next ...
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- Posted: Mar 8, 2022 11:23am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 841
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