Central Bank of Russia: All committee members agreed at the February interest rate meeting that inflationary pressures are gradually easing.

Central Bank of Russia: The committee considered the option of keeping interest rates at 16% or raising them to 17% at its February meeting; ultimately the committee decided to keep interest rates unchanged because a tighter policy could lead to inflation below the target level in 2025.

Fed Governor Bowman reiterated the need for "significant revisions" to the capital plan.

Fed Governor Bowman: Inflation is expected to decline further while policy rates remain stable, but there is upward pressure on inflation risks.

Spot gold fell below $2,030 per ounce and turned lower during the day.

Dutch semiconductor equipment manufacturer ASM International (ASMI): Global wafer fab equipment (WFE) market conditions are expected to become weaker in the first half of 2024.

Cécile Ratcliffe, Chief Country Business Leader of Citigroup (CN): Citigroup now has more than 400 employees in Paris; Paris’ talent pool has promoted the group’s expansion in France.

JPMorgan Chase (JPM.N): JPMorgan now has more than 900 employees in Paris.

Emmanuel Goldstein, head of France at Morgan Stanley (MS.N): The size of Morgan Stanley’s Paris staff has tripled since Brexit.

Spot palladium fell 2.00% during the day and is currently at $940.46 per ounce.

White House: The United States will not send troops to Ukraine.

U.S. Federal Trade Commission (FTC) Chairman Lina Khan: Improving algorithms cannot be at the expense of privacy.

US President Biden: The consequences of inaction on Ukraine and Israel will be serious.

U.S. President Biden: (Said after meeting with congressional leaders) The government shutdown will harm the economy.

US President Biden: Funding is needed for Ukraine, and the current situation is grim.

US President Biden: We need to find a solution to the government funding problem, and I think we can do it.

U.S. Federal Trade Commission (FTC) Chairman Lina Khan: The FTC is reviewing bottlenecks in the artificial intelligence technology stack.

U.S. Federal Trade Commission (FTC) Chairman Lina Khan: Small businesses face arbitrary and willful behavior by existing giants.

U.S. Federal Trade Commission (FTC) Chairman Lina Khan: Startups often say they are hindered by market barriers.

U.S. Federal Trade Commission (FTC) Chairman Lina Khan: Future technologies will be based on the resources that companies have today.