Tag Archives: rule-out

Fed’s Bostic: Fed is in range of neutral though still maybe slightly below

Atlanta Fed President Raphael Bostic recently crossed the wires saying that the Fed was in the range of neutral but could still be slightly below that rate. Bostic further reiterated that he was in favour of “wait and watch'. Key quotes (via Reuters) Dots in dot-plot don't represent a Fed decision. Open to discussing higher inflation target. Yet to see compelling reason to ‘ditch’ inflation target. Declines to rule out the use of negative rates if needed.

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Fed’s Bostic: Fed is in range of neutral though still maybe slightly below

UK PM May: Government’s approach to Brexit has changed

British Prime Minister Theresa May is now delivering her “Brexit Plan B” in the House of Commons. Key quotes Government's approach to Brexit has changed. It would be against the referendum result to revoke Article 50. A second referendum could have significant implications on how we handle referendums in this country. Right way to rule out ‘no-deal’ is approving deal. Article 50 extension would not rule out no-deal Brexit. Cross-party talks will continue this week.

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UK PM May: Government’s approach to Brexit has changed

Spanish government doesn’t rule out a snap election in May – El Mundo

Reuters reports the latest headlines from the Spanish daily, El Mundo, citing that the Spanish government doesn’t rule out a snap election in May.   No further insights are provided on the same.

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Spanish government doesn’t rule out a snap election in May – El Mundo

UK PM May: Labour should stop frustrating Brexit process

Additional comments from British Prime Minister Theresa May continue to cross the wires with key quotes, via Reuters, found below. Calls on labour leadership to rule out second referendum, stop frustrating Brexit process. We’re proposing a fair arrangement that will work for EU economy as well as Britain's, without undermining single market.

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UK PM May: Labour should stop frustrating Brexit process

WH Advisor Kudlow: US is not going to rule out a trade deal with China

Additional comments from the White House economic advisor Larry Kudlow is crossing the wires as he speaks in an interview with CNBC. Key quotes (via Reuters) The U.S. is not going to rule out a trade deal with China. Would tell China to ‘just say yes’ on some trade issue of substance, the U.S. has put out asks. Treasury Secretary Mnuchin is in touch & negotiating with Chinese officials. Not near the point where tariffs will be impacting economy.

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WH Advisor Kudlow: US is not going to rule out a trade deal with China

NZ: Trade deficit narrowed to NZ$143mn in July – TDS

New Zealand’s trade deficit narrowed to NZ$143mn in July from a revised NZ$288mn previously (revised from -NZ$113mn), notes the research team at TD Securities. Key Quotes “Exports increased to NZ$ 5.35bn while imports increased to NZ$5.49bn. Despite this narrower deficit in July, the annual deficit was the largest since March 2009.” “More interesting were comments from RBNZ governor Orr that “We don't rule out a rate cut if we have to”.”

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NZ: Trade deficit narrowed to NZ$143mn in July – TDS