15th May 2023

  • US Consumer Long-Term Inflation Expectations Hit 12-Year High

Five- to 10-year inflation views rose to 3.2% in early May

University of Michigan sentiment fell to six-month low

https://blinks.bloomberg.com/news/stories/RUJTL6DWRGG0

  • The Fed Isn’t Fully Taking Its ‘Foot Off the Pedal,’ Loomis Says

Stokes sees officials likely pausing tightening cycle in June

But says central bank will be ‘a little slower’ to cut rates

https://blinks.bloomberg.com/news/stories/RUGKD9DWX2PS

  • Fed’s Jefferson Says Inflation High, But Policy ‘On Track’

Jefferson: Disinflation occurring at slower pace than expected

Fed’s Bullard: policy at ‘low end’ of sufficiently restrictive

https://blinks.bloomberg.com/news/stories/RUKNJNDWX2PS

  • G-7 Finance Chiefs Unite to Condemn Russia and Counter China

Chiefs call for immediate end to Russia’s war against Ukraine

G-7 propose new partnership for supply chain diversification

https://blinks.bloomberg.com/news/stories/RUKXRWT0AFB4

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