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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