21st April 2023

  • Fed Officials Back Another Hike While Watching Banking Fallout

Mester says Fed close to end of the tightening cycle

Bostic confirms he’s still ‘one and done’ on rate hikes

https://blinks.bloomberg.com/news/stories/RTFU17T1UM0W

  • US Recurring Jobless Claims Jump to Highest Since November 2021

Continuing claims increased to 1.87 million through April 8

Initial applications ticked up but remained at a low level

https://blinks.bloomberg.com/news/stories/RTF2ZHT0AFB9

  • Fed’s Mester Says FOMC to Assess Loan Tightening at May Meeting

Cleveland Fed chief repeats she sees peak rate above 5%

Policymakers must ‘get the job done’ on inflation, she says

https://blinks.bloomberg.com/news/stories/RTFFZQT0AFB4

  • Fed Emergency Loans to Banks Post First Rise in Five Weeks

Lending from both the discount window and BTFP program climbed

Fed loans to bridge banks were unchanged at $172.6 billion

https://blinks.bloomberg.com/news/stories/RTFLFPT0G1KW

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