MIDEAST: Hamas Warn Of 'Long Battle' As Mediators Await Response To New Proposal
Jul-18 15:30
Reuters carrying comments from a spokesperson of Hamas’ armed wing, stating that the militant group is “ready for the long battle with Israel,” as ceasefire talks continue between Israel, Hamas, and intermediaries in Qatar.
- The spokesperson says that Hamas, “offered to all hostages in Gaza as part of a deal to end the war,” and warns that “if an agreement is not reached during current ceasefire talks, the group may not agree to an interim truce in future.”
- Negotiators from the US, Qatar, and Egypt presented Israel and Hamas with an updated ceasefire-for-hostage deal on Wednesday, including recent concessions from Israel which “could enable the parties to reach a deal soon,” according to sources cited by Axios earlier today.
- Axios notes that the deal under negotiation, “involves a 60-day ceasefire in Gaza, the release of 10 live hostages and the remains of 18 deceased hostages, the release of Palestinian prisoners from Israeli jails, and a massive increase in humanitarian aid into Gaza.”
- Ynet reported on Wednesday: “Israel is stalling in the latest round of ceasefire negotiations in Doha, while Hamas is holding firm to key demands, according to sources familiar with the talks.”
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FED: Instant Answers For June FOMC Meeting
Jun-18 15:27
The Instant Answers questions that we have selected for the June FOMC statement and projections are as follows (due to be released at 1400ET Wednesday):
- Federal Funds Rate Range Maximum
- Number of dissenters on size of rate move
- Median Projection of Fed Funds Rate at End of 2025
- Median Projection of Fed Funds Rate at End of 2026
- Median Projection of Fed Funds Rate at End of 2027
- Median Longer Run Projection of Fed Funds Rate
- Number of 2025 Dots > 4.375%
- Number of 2025 Dots > 4.125%
- Number of 2025 Dots > 3.875%
- Number of 2025 Dots < 3.875%
MNI EXCLUSIVE: French Officials On Feasibility Of New NATO Spending Targets
Jun-18 15:24
French officials speak about new NATO spending targets ahead of a key summit.- On MNI Policy MainWire now, for more details please contact sales@marketnews.com
BOC: BOC's Macklem Says Rate Path Hinges on U.S. Trade Deal
Jun-18 15:15
- Governor Tiff Macklem says Bank's next move depends heavily on the 30-day deadline for a U.S. trade deal, which comes before the next rate decision July 30.
- "The prospect of a new Canada-US trade deal offers hope that tariffs will be removed. But until we have a deal, inflation will be affected by both US tariffs and Canadian counter-tariffs," he said in a speech Wednesday in St. John's, Newfoundland.
- "We are proceeding carefully with monetary policy. We want to see through the noise to set policy that supports the economy while ensuring inflation remains low and stable for Canadians."
- BOC says 75% of tariffs during the dispute in Donald Trump's first term were passed through to consumers.
- BOC noted core inflation has been worse than expected. "As I have said before, we can’t let a tariff problem become an inflation problem," Macklem said.
- BOC says job market weakening and exports dropped amid tariffs.
- Macklem affirmed BOC's June 4 rate decision to hold key rate at 2.75% for a second time in a row following seven straight cuts since June last year. "Governing Council and I agreed there could be a need for a further reduction in the policy interest rate if the effects of US tariffs and uncertainty continued to spread through the economy and cost pressures on inflation were contained."
