16th June 2023

  • Global Rate-Hike Endgame Is Now Haunted by Recession Worries

Central bankers’ zeal on inflation is provoking growth concern

‘Policy mistakes’ may transpire, warns GAM’s Hepworth

https://blinks.bloomberg.com/news/stories/RWBQ1YT1UM0W

  • Summers Sees ‘Disturbing’ Signs Fed Driven by Internal Politics

Former Treasury chief detects internal politics at play

Summers also says ECB beset by bigger inflation threat than US

https://blinks.bloomberg.com/news/stories/RWBDT4T1UM0W

  • Oil Holds Biggest Jump in Six Weeks on China Stimulus Signs

Beijing loosens monetary policy and gives big oil import quota

WTI trades above $70 a barrel after rising 3.4% on Thursday

https://blinks.bloomberg.com/news/stories/RWC2FUDWRGG0

  • Fed Repo Facility Falls Below $2 Trillion With T-Bills Plentiful

Some 103 counterparties parked $1.992 trillion at facility

Treasury’s surge in bill issuance driving outflows from Fed

https://blinks.bloomberg.com/news/stories/RWB265T1UM0W

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