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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