12th July 2022
- Templeton Says Treasuries Need to Sell Off More, Fed Mispriced
Longer-dated Treasuries ‘still rich,’ Desai tells Bloomberg TV
Money manager expects US inflation rate to remain elevated
https://blinks.bloomberg.com/news/stories/REV4VET0AFB4
- Fed’s George Warns Raising Rates Too Fast Risks ‘Oversteering’
Majority of Fed officials open to 75 basis-point July increase
George favored smaller hike in June, her sole dovish dissent
https://blinks.bloomberg.com/news/stories/REV2XKT0G1KW
- Bostic Confident US Economy Can Handle Another Jumbo Rate Hike
Official sees neutral rate for Fed’s benchmark at around 3%
Bostic open to even larger rate increase if inflation worsens
https://blinks.bloomberg.com/news/stories/REVGIZT0AFB4
- White House Foresees June Inflation Reading as ‘Highly Elevated’
Biden press secretary says CPI figures ‘already out of date’
Gasoline, food prices continue to heighten inflation in the US
https://blinks.bloomberg.com/news/stories/REVJFZT1UM0W
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