13th December 2021

  • Consumer Prices in U.S. Climb at Fastest Annual Rate Since 1982

November CPI increased 6.8% from year ago, 0.8% from October

Advance was broad, included gains in shelter, food and fuel

https://blinks.bloomberg.com/news/stories/R3WSV2T0AFB4

  • G-7 Warns Russia of ‘Massive Consequences’ Over Ukraine

U.S. weighs bank sanctions, Biden cites troop deployments

Putin has repeatedly denied any plan to invade Ukraine

https://blinks.bloomberg.com/news/stories/R40LKZDWX2PU

  • Oil Rises After Weekly Gain on Omicron Relief and China Optimism

World’s top oil importer forecast to add stimulus next year

WTI futures rise as much as 1.7% after 8.2% weekly gain

https://blinks.bloomberg.com/news/stories/R41HHFDWRGG5

  • El-Erian Says Transitory Inflation Call Likely Fed’s Worst Ever

Fed must move to ‘regain control’ this week, El-Erian says

Allianz adviser sees inflation sticking near recent levels

https://blinks.bloomberg.com/news/stories/R40GF6DWX2PS

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