17th May 2023
- Debt-Limit Talks to Intensify as Biden Set to Depart for Japan
McCarthy, Biden express cautious optimism for bipartisan deal
President, congressional leaders to meet after shortened trip
https://blinks.bloomberg.com/news/stories/RURU5ST0G1KW
- Fed Officials Reveal Debate Over June Pause or Need to Hike More
NY Fed’s Williams is monitoring impact of past rate increases
Cleveland’s Mester concerned Fed policy not yet tight enough
https://blinks.bloomberg.com/news/stories/RURMY9T0AFB4
- US Retail Sales Increase in Sign of Steady Consumer Spending
Value of purchases rose 0.4% in first advance since January
Seven of 13 retail categories showed firmer sales in April
https://blinks.bloomberg.com/news/stories/RUR7HMT0G1KW
- JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming
Fed may lower rates by third quarter as US growth slows
Recession is needed to bring inflation back down: Mac Gorain
https://blinks.bloomberg.com/news/stories/RUQANUT0G1KW
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