22nd April 2022

  • Powell Hardens Hawkish Pivot Toward Half-Point Fed Rate Hikes

Notes many officials saw need for one or more half-point moves

Cites ‘front-end loading’ of policy tightening to cool economy

https://blinks.bloomberg.com/news/stories/RAPG4JT1UM0W

  • Global Bond Rout Extends as Three Half-Point Fed Hikes Priced In

Sell-off sends Australian 10-year yield to highest since 2014

Hawkish Fed comments spur resumption in yield-curve flattening

https://blinks.bloomberg.com/news/stories/RAPX0PT1UM0W

  • Oil Suffers Weekly Loss as China Lockdowns, Fed Pivot Take Toll

U.S. presses ahead with sales of crude from strategic reserves

WTI benchmark slumps by about 4% this week as dollar advances

https://blinks.bloomberg.com/news/stories/RAQ5ZZT0AFBA

  • Biden Warns Democrats Aren’t Cluing In Voters on Achievements

He says party can pick up two Senate seats in midterm races

Polls, inflation lead Democrats to fear November reckoning

https://blinks.bloomberg.com/news/stories/RAPSKET1UM0W

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