22nd November 2022

  • Mester Says Fed Can Downshift on Hikes as Daly Urges Mindfulness

Cleveland Fed’s Mester says policy is entering a new ‘cadence’

San Francisco Fed chief Daly cites lags, cumulative tightening

https://blinks.bloomberg.com/news/stories/RLPTVYDWX2PS

  • Oil Steadies After Wild Ride With Chinese Demand, OPEC+ in Focus

China presses on with Covid Zero, dimming crude demand outlook

WTI holds above $80 after swinging by more than $5 on Monday

https://blinks.bloomberg.com/news/stories/RLQGIFT0G1KW

  • Fed’s Daly Urges Mindfulness About Lag Effects as Hikes Roll On

San Francisco Fed chief cites lags, cumulative tightening

Says financial markets behaving as if Fed rates are around 6%

https://blinks.bloomberg.com/news/stories/RLPQLQDWLU69

  • Biden Jokes No ‘Fowl Play’ as He Pardons Turkeys Chocolate, Chip

President subtly likens birds to 2024 presidential challengers

Farm Bureau says cost of Thanksgiving dinner up 20% from 2021

https://blinks.bloomberg.com/news/stories/RLPDTFDWX2PS

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