15th February 2023
- Traders Capitulate, Abandoning Fed Rate Cut Bets After CPI Spike
Swaps traders boost chances of June rate increase to about 50%
Six-month Treasury bill yields rise to 5%, last seen in 2007
https://blinks.bloomberg.com/news/stories/RQ36W0DWX2PS
- Fed Officials Float Even Higher Rates After Brisk Inflation Data
Barkin, Logan watching for signs of persistent price pressures
Latest consumer-inflation data showed prices jumped last month
https://blinks.bloomberg.com/news/stories/RQ37CRDWRGG0
- Traders Bet Central Banks Will Go Even Higher After Hot Data
Price pressures seen keeping central banks on tightening path
Latest market wagers add to ongoing shift from earlier in 2023
https://blinks.bloomberg.com/news/stories/RQ32WHDWRGG1
- Biden Names Brainard as Top Economic Aide, Creating Fed Vacancy
Fed vice chair to become director of National Economic Council
Bernstein to lead CEA as other economic aides get new roles
https://blinks.bloomberg.com/news/stories/RQ3BH5T0AFB4
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