BULLARD SAYS HE RECOMMENDED FED FUNDS RISE ABOVE 3% THIS YEAR. #Fed $USD
Fed's Bullard: Dissented over quarter-point rate increase because a half-point hike and balance sheet reduction would be "more appropriate" response to inflation. #Fed $USD
Fed's Bullard: Economy could have handled bigger rate rise. #Fed $USD
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Biden underscored his support for a diplomatic resolution to the crisis. #US#China#Russia#Ukraine
The two leaders also agreed on the importance of maintaining open lines of communication, to manage the competition between our two countries: White House #US#China#Russia#Ukraine
Xi, Biden agreed to respect each other, coexist peacefully, and avoid confrontation; both sides agreed to strengthen communication and dialogue at all levels and in all fields: Xinhua #US#China#Russia#Ukraine
Biden introduced US position and expressed willingness to communicate with China to prevent escalation: Xinhua #US#China#Russia#Ukraine
#Breaking:
China's Xi Jinping: State-to-state relations cannot go to the step of fighting each other. Conflict and confrontation are not in the interests of anyone. Peace and security are the wealth that the international community should cherish most. #China#US#Russia
China's Xi: As permanent members of the UN Security Council and the world's top two economies, we should lead China-US relations on the right track and shoulder our due international responsibilities and make efforts for world peace and tranquility. #China#US#Russia#Ukraine