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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