ECB's Kazaks says higher yields do some of the adjustment for us, adds that ECB needs to act if second round effects emerge; nothing against bets on two hikes starting June; will see if April is too soon for action
ECB's Kazaks suggests that rising yields are partly handling the adjustment the central bank needs, yet he emphasizes the importance of preemptive action if inflationary second round effects materialize.
The official broadcasting authority quoted an Israeli source as saying: We are conducting contacts to establish a ceasefire on the Lebanese front, via Al Araby
With follow-up and pressure from Iran, starting tonight, a ceasefire will be established in Lebanon, Al Mayadeen citing an Iranian source; the duration of the ceasefire will be one week and extends until the end of the ceasefire period between US-Iran
ECB's Kazaks says higher yields do some of the adjustment for us, adds that ECB needs to act if second round effects emerge; nothing against bets on two hikes starting June; will see if April is too soon for action
Ukraine’s drone forces commander says Kyiv struck petrochemicals plant in Russia’s Bashkortostan region
Google (GOOG) says that starting in September, legacy features such as dynamic search ads will automatically upgrade to AI Max
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His comments indicate a willingness to support the market's expectations of two rate hikes starting in June, while also leaving the door open to potential action as early as April, which reflects a nuanced but proactive stance on monetary policy.
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