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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