Blogs

BOJ Gov Kuroda speaking in the Japanese parliament – global economy deteriorating sharply as global economic activity constrained severely by pandemic – Japan's economy likely to remain in severe state, inflation to weaken

NY Fed says secondary market corporate credit facility (smccf) will begin purchases of exchange-traded funds on May 12 See here for global coronavirus case data

Via the UK Times, a report on remarks from  the Bank of England's chief economist Andy Haldane – The COVID-19 pandemic will leave permanent scars on Britain's economy  Says households and businesses cut back spending even following the virus being brought under control due to:

If you are waiting for Fed Chair Powell to speak on Wednesday and chilling out until then, fair enough: – ) But, if you are not waiting for Mr. P there are others Fed speakers ahead today, Tuesday 12 May 2020:   

There are plenty of views, and market pricing, about to indicate the possibility of negative Fed rates ahead. For example, . Guggenheim and DoubleLine On Wednesday this week Fed Chiar Powellis expected to use his speech to quash such speculation (see that link above and also this one: )

Fed's Quarles speaking See here for global coronavirus case data

Harsh criticism from ECB's Rehn ECB's Rehn (and Finnish central bank governor) has some harsh criticism of the German top court saying: Comments are in reaction to the ruling that a crisis fighting stimulus program by the ECB is potentially unconstitutional.

More from Chicago Fed Pres. Charles Evans See here for global coronavirus case data

Nonvoting member of the FOMC board this year Chicago Fed Pres. Richard Evans is on the wires saying See here for global coronavirus case data

Atlanta Fed Gov. Andrew Bostic speaking See here for global coronavirus case data