7th July 2022

  • Fed Saw ‘More Restrictive’ Rates Possible If Inflation Persists

Raising rates could slow GDP growth over time, minutes show

Return to 2% inflation ‘critical’ for employment mandate

https://blinks.bloomberg.com/news/stories/REM57UDWX2PS

  • Treasury Yields Surge as Fed Minutes Underscore Inflation Fight

Front-end Treasury yields jump 18 basis points to 3%

Minutes show inflation worries trump growth concerns

https://blinks.bloomberg.com/news/stories/REM9ZPDWLU68

  • US Job Openings Dip Slightly to 11.3 Million, Remain Near Record

Vacancies eased in May, though prior month was revised higher

Layoffs, quits and hiring were little changed from April

https://blinks.bloomberg.com/news/stories/RELRM0DWX2PS

  • Oil Fluctuates With Slowdown Concerns Offset by Tight Supply

Industrial commodities under pressure on outlook for slump

API estimates point to increase in American crude inventories

https://blinks.bloomberg.com/news/stories/REMZM2DWRGG0

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