22nd May 2023

  • Powell Steers Policy Debate With Clear Signal on June Rate Pause

Fed chair says officials can ‘afford to look at the data’

Rate peak could be lower than otherwise due to tighter credit

https://blinks.bloomberg.com/news/stories/RUX1UTT0G1KW

  • Biden, McCarthy Set to Discuss Debt Limit as Talks Restart

Negotiators from both sides continued talks Sunday evening

President says his call with House speaker ‘went well’

https://blinks.bloomberg.com/news/stories/RV1H5DT0G1KW

  • Yellen Doubts US Could Still Pay All of Its Bills by June 15

Treasury chief says the odds of reaching mid-June ‘quite low’

Clock ticking on potential US default with talks deadlocked

https://blinks.bloomberg.com/news/stories/RV0ITRDWRGG0

  • Biden Says US-China Relations Set to Improve ‘Very Shortly’

US president says ‘silly balloon’ derailed ties with China

Biden considering lifting sanctions on China defense minister

https://blinks.bloomberg.com/news/stories/RV14B8DWLU68

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