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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