*Kremlin: Putin Signs a Regulation Authorising the Central Bank to Set the Size of Foreign Exchange Transactions with Non-Residents.
*Russian Residents Are Not Allowed to Buy Stakes in Companies That Are Not Russian Residents Without Central Bank’s Permission Until Year-End – Decree
'Latvia, Estonia and Lithuania have expelled a total of ten Russian diplomats, the foreign ministries of the three Baltic countries said on Friday.' - RTRS
https://www.reuters.com/world/europe/baltic-nations-expel-ten-russian-diplomats-2022-03-18/
*Fed’s Waller: Europe Will Feel the Effects of Oil More than the United States; Yet, the United States’ Growth Will Be Reduced by Half a Point This Year.
*Fed’s Waller: Global Events Advocated for Prudence This Week.
*Russian Residents Are Not Allowed to Buy Stakes in Companies That Are Not Russian Residents Without Central Bank’s Permission Until Year-End – Decree
*Russian Embassy to Bulgaria Sees Expulsion of Russian Diplomats as “Hostile Demarche”, Says Russia Will Respond*Bulgaria Expels 10 Russian Diplomats – Bulgarian Foreign Ministry
'Latvia, Estonia and Lithuania have expelled a total of ten Russian diplomats, the foreign ministries of the three Baltic countries said on Friday.' - RTRS
https://www.reuters.com/world/europe/baltic-nations-expel-ten-russian-diplomats-2022-03-18/
*Fed’s Waller: Europe Will Feel the Effects of Oil More than the United States; Yet, the United States’ Growth Will Be Reduced by Half a Point This Year.
*Fed’s Waller: Global Events Advocated for Prudence This Week.
*Fed’s Waller: Data Screams for a 50-BP Hike, but Geopolitical Concerns Demand Caution- CNBC.
*Fed’s Waller: Data Suggests We’ll Be Moving Toward a 50 BP Hike at Upcoming Meetings
*Fed’s Waller: I Prefer Front Load Hikes.
*Fed’s Waller: At Next Meetings, That Would Suggest a 50-BP Increase or More.
*Fed’s Waller: I Believe We Need to Raise Rates; Any Policy Norm Would Dictate That We Should Be Higher Than We Are Today.
*Fed’s Waller: If We Have to Go On, We’ll Go on.
*Fed’s Waller: We Can Eliminate Liquidity from the System Without Causing Significant Damage.
*Fed’s Waller: With the Balance Sheet, We Have More Room to Go Sooner and Faster than Last Time.
*Fed’s Waller: Getting to Neutral or Slightly Above It by the End of the Year Should Not Be a Concern for Precipitating a Recession.
*Fed’s Waller: As Long As We Communicate Clearly, the Market Adjusts; There Hasn’t Been Much Market Turmoil.
*Fed’s Waller: We Expect Supply Chain Difficulties to Be Resolved by the End of This Year or Early Next, Which Will Help with Inflation.
*Fed’s Waller: I Believe Inflation Will Pull Back Next Year.
*Fed’s Waller: Getting to Neutral or Slightly Above It by the End of the Year Should Not Be a Concern for Precipitating a Recession.
*Fed’s Waller: By Tightening Policy, We Can Put Downward Pressure on Prices.
*Fed’s Waller: If I Observed 2-Year Inflation Expectations Becoming Unanchored, I’d Be More Concerned About Our Credibility, but I Don’t.
*Fed’s Waller: Data Suggests We’ll Be Moving Toward a 50 BP Hike at Upcoming Meetings
*Fed’s Waller: I Prefer Front Load Hikes.
*Fed’s Waller: At Next Meetings, That Would Suggest a 50-BP Increase or More.
*Fed’s Waller: I Believe We Need to Raise Rates; Any Policy Norm Would Dictate That We Should Be Higher Than We Are Today.
*Fed’s Waller: If We Have to Go On, We’ll Go on.
*Fed’s Waller: We Can Eliminate Liquidity from the System Without Causing Significant Damage.
*Fed’s Waller: With the Balance Sheet, We Have More Room to Go Sooner and Faster than Last Time.
*Fed’s Waller: Getting to Neutral or Slightly Above It by the End of the Year Should Not Be a Concern for Precipitating a Recession.
*Fed’s Waller: As Long As We Communicate Clearly, the Market Adjusts; There Hasn’t Been Much Market Turmoil.
*Fed’s Waller: We Expect Supply Chain Difficulties to Be Resolved by the End of This Year or Early Next, Which Will Help with Inflation.
*Fed’s Waller: I Believe Inflation Will Pull Back Next Year.
*Fed’s Waller: Getting to Neutral or Slightly Above It by the End of the Year Should Not Be a Concern for Precipitating a Recession.
*Fed’s Waller: By Tightening Policy, We Can Put Downward Pressure on Prices.
*Fed’s Waller: If I Observed 2-Year Inflation Expectations Becoming Unanchored, I’d Be More Concerned About Our Credibility, but I Don’t.
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