21st July 2022

  • ECB to Finally Join Global Rate-Hike Club: Decision Guide

Record inflation to bring first increase in more than a decade

Investors also eager for details of new crisis-fighting tool

https://blinks.bloomberg.com/news/stories/RF828IDWX2PS

  • Powell’s Econ-101 Lesson Presents Best-Case Inflation Scenario

Fed chair explains theory why price pressures could fade fast

Vertical supply curve would be easy up, easy down for economy

https://blinks.bloomberg.com/news/stories/REZ3LNT1UM0X

  • Biden Sees Xi Call in ‘Next 10 Days’ as US Weighs Easing Tariffs

US official downplays role of tariffs in first call in months

Tensions rose after China refused to condemn Ukraine invasion

https://blinks.bloomberg.com/news/stories/RFC9Q3DWLU6M

  • Oil Declines as Traders Assess Weak US Gasoline Demand, China

Data show higher stockpiles of key motor fuel as usage stalls

US official sees Russian crude price cap in place by December

https://blinks.bloomberg.com/news/stories/RFCTBGDWRGG0

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