24th May 2022

  • Fed’s George Says Inflation Will Guide Moves After Rates Hit 2%

Kansas City Fed leader says slowing inflation is top priority

An excessively tight labor market is boosting prices, she says

https://blinks.bloomberg.com/news/stories/RCCYAWDWLU69

  • Fed Rate-Hike Pause in September May ‘Make Sense,’ Bostic Says

Atlanta Fed leader supports half-point hikes in June and July

‘Nothing is off the table’ depending on incoming data, he adds

https://blinks.bloomberg.com/news/stories/RCCMIZDWX2PV

  • Fed Facility Tops $2 Trillion as Investors Scramble to Park Cash

RRP balance climbed to an all-time high of $2.045 trillion

Cash glut, lack of places to invest continue to drive increase

https://blinks.bloomberg.com/news/stories/RCCL8NDWX2Q4

  • Biden, Georgieva Push Against Slump Fears Amid Davos Gloom

IMF doesn’t see a global recession even if risk is higher

US president says no when asked if recession is unavoidable

https://blinks.bloomberg.com/news/stories/RCBZO7DWRGG1

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