2nd May 2023

  • Biden Sets High-Stakes Debt-Limit Meeting as Deadline Nears

Invitation comes after Yellen says limit could arrive in weeks

Both Democrats and Republicans invited to White House meeting

https://blinks.bloomberg.com/news/stories/RU06Y5T0G1KW

  • Stagflation Is the Risk That Eludes Investors Mispricing Markets

Slowing economy, high inflation create treacherous backdrop

Schroders Plc says bonds will be ‘stand out’ asset for 2023

https://blinks.bloomberg.com/news/stories/RU04JOT0G1KW

  • JPMorgan Ends First Republic’s Turmoil After FDIC Seizure

Largest US lender poised to grow even bigger after deal

Bad investments, run on deposits led to bank’s seizure

https://blinks.bloomberg.com/news/stories/RTZLJ8T0G1KZ

  • Fed & Co. Confront History of Mistakes as Hiking Cycle Nears End

Powell, Lagarde set to announce rate increases in next week

Bailey’s BOE decision looms for May 11 after calling off pause

https://blinks.bloomberg.com/news/stories/RTEZ4IT0G1KW

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