1st June 2022

  • Stock Rebound Is Powell’s Headache as Financial Conditions Ease

Measure of US market stress is back to pre-March hike levels

Powell has stressed that conditions will tighten as rates rise

https://blinks.bloomberg.com/news/stories/RCR73LT0AFB5

  • Yellen Says ‘I Was Wrong’ Last Year on the Path of US Inflation

Yellen also says US won’t see same pace of big job gains

Treasury chief says she didn’t fully understand circumstances

https://blinks.bloomberg.com/news/stories/RCRQU6T0G1KY

  • Biden, in Rare Powell Meet, Seeks to Deflect Inflation Blame

Meeting with Powell recalls Reagan-Volcker gathering in 1984

High prices a top priority for voters ahead of midterms

https://blinks.bloomberg.com/news/stories/RCRFK1T1UM0W

  • Biden Says US Will Provide Ukraine Advanced Rocket Systems

Weapons package includes MLRS system with limits on its use

US says Ukraine agreed not to use weapons to hit inside Russia

https://blinks.bloomberg.com/news/stories/RCRUOQT0AFB7

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