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Biden press secretary says CPI figures ‘already out of date’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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