17th November 2021
- Fed’s Bullard Urges More Hawkish Policy to Offset Inflation Rise
FOMC has retained optionality on speeding up taper process
U.S. prices rose at fastest annual pace since 1990 in October
https://blinks.bloomberg.com/news/stories/R2O396DWX2PU
- U.S. Retail Sales Jump by Most Since March, Topping Forecasts
Purchases rose 1.7% in October without adjustment for prices
Receipts rose in nearly all categories, including electronics
https://blinks.bloomberg.com/news/stories/R2O5WEDWRGG1
- Inflation Set to Spoil Holidays for Struggling U.S. Families
Higher prices add strain on top of lost federal assistance
Wealthiest are seen spending even more, deepening inequality
https://blinks.bloomberg.com/news/stories/R2O3LJDWRGG4
- Bond Traders Brace for More Long-Dated Debt in Wake of Poor Sale
Market has been rocked by shifting inflation expectations
Last week’s 30-year sale came in at higher-than-expected yield
https://blinks.bloomberg.com/news/stories/R2OIWEDWRGG1
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