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Federal Reserve Board: Hike, Skip, Or Pause? Speech By Governor Waller On The Economic Outlook - At The 2023 Santa Barbara County Economic Summit, University Of California, Santa Barbara Economic Forecast Project, Santa Barbara, California (Via Webcast)

Date 24/05/2023

Thank you, Peter, and thank you for the opportunity to speak to you today. I confess I am not an expert on Santa Barbara County's diverse economy, beyond my abiding interest in the excellent wines you produce. But you will hear more about the regional outlook from the other two speakers and so I'll focus my remarks on a broader perspective of the U.S. economy and how the data is shaping my policy views.1 Let me cut to the chase—in my view, data since the last meeting of the Federal Open Market Committee (FOMC) has not provided sufficient clarity as to what we should do with our policy rate at the next meeting. We still have some major data releases coming up in the next three weeks and I'll also be learning more about evolving credit conditions, both factors which will inform me on the best course of action. Between now and then, we need to maintain flexibility on the best decision to take in June.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With United Kingdom Shadow Chancellor Of The Exchequer Rachel Reeves

Date 24/05/2023

Today, U.S. Secretary of the Treasury Janet L. Yellen met today with United Kingdom Shadow Chancellor of the Exchequer Rachel Reeves. The Secretary discussed Russia sanctions and support for Ukraine, as well as policies to generate growth and jobs. 

Federal Trade Commission: Statement Regarding The Termination Of Boston Scientific Corporation’s Attempted Acquisition Of A Majority Stake In M.I. Tech Co., Ltd.

Date 24/05/2023

In response to the announcement that Boston Scientific Corporation and non-vascular stent manufacturer M.I. Tech Co., Ltd. have terminated their $230 million purchase agreement, Federal Trade Commission Bureau of Competition Director Holly Vedova issued this statement:

Sustainable Finance, Key To Transforming Nigeria’s Economy – NGX

Date 24/05/2023

The Nigerian Exchange Limited (NGX) has said that sustainable finance can be a transformative tool used in shaping the Nigerian economy for the better.

BIS: Getting Up From The Floor

Date 24/05/2023

Summary

Focus

How do central banks set interest rates? While the techniques are appreciated only by experts, their implications for the financial system can be surprisingly wide-ranging. This paper examines the evolution of techniques since the Great Financial Crisis (GFC), evaluates their merits and proposes a way forward.

ESMA Publishes Opinion On Market Outages

Date 24/05/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its final report including an Opinion on market outages, highlighting the importance for trading venues of having an appropriate outage plan to communicate to their members, participants, and the public.

UK Financial Conduct Authority Finds Young Investors Are More Likely To Have Long-Term Goals In Mind When Dating Than When Investing

Date 24/05/2023

The FCA encourages young investors to adopt the same principles to investing as they do to their dating lives, as it launches the latest burst of its InvestSmart campaign.

BETTER FINANCE: The Proposed Retail Investment Strategy Shows Potential For Investor Protection Progress, But Fails To Meet Own Key Targets

Date 24/05/2023

BETTER FINANCE, the European Federation of Investors and Financial Services Users, welcomed the European Commission’s launch of a Retail Investor Strategy in September 2020, as a once in a lifetime opportunity to create a capital markets Union that works for people. Nevertheless, the legislative proposal, despite incorporating certain positive advancements, falls short of fulfilling several of its own key objectives in enabling EU individual investors to benefit from:

Tel Aviv Stock Exchange Conference Call Recording May 23, 2023- Financial Report 1Q year 2023

Date 24/05/2023

TASE Financial Report – Conference Call -May 23, 2023

ICE Marks Latest Evolution For Brent As Midland Joins The Largest And Most Liquid Oil Contract In The World

Date 24/05/2023

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Brent, the largest crude oil futures and options market in the world, has undergone its latest evolution with the addition of Midland WTI into the Brent basket, creating a new Midland exposure for the oil market to manage.