8th April 2022

  • Fed’s Bullard Favors 3%-3.25% Rates This Year to Blunt Inflation

St. Louis Fed boss says central bank may be ‘behind the curve’

Markets have already priced in hikes, however, he says

https://blinks.bloomberg.com/news/stories/R9ZJT5T1UM0W

  • U.S. Jobless Claims Fell Last Week to Match Lowest Since 1968

Applications dropped by 5,000 to 166,000 in week ended April 2

Data underscore persistent tightness in labor market

https://blinks.bloomberg.com/news/stories/R9YZFVT1UM0X

  • U.S. Bans Russia’s Aeroflot, More Airlines From Buying Parts

UTair, Azur Air also suspended from receiving U.S. servicing

Carriers won’t be able to maintain Boeing-made airplanes

https://blinks.bloomberg.com/news/stories/R9ZK2AT1UM0W

  • Oil Sheds Bulk of Invasion-Driven Gains on SPR Sales, Virus, Fed

U.S. benchmark WTI heading for back-to-back weekly declines

China lockdowns including Shanghai sap demand in top importer

https://blinks.bloomberg.com/news/stories/RA0AN1T0AFB6

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