25th February 2022

  • Ukraine Fights Back Against Russia as West Ramps Up Sanctions

President Zelenskiy says Ukrainian forces resisting assault

U.S., EU step up penalties against Russia in retaliation

https://blinks.bloomberg.com/news/stories/R7UGYMDWRGG2

  • Fed’s Waller Sees Strong Case for Half-Point Hike If Data Hot

Says Russian attack on Ukraine adds uncertainty to outlook

Wants to start shrinking balance sheet by July Fed meeting

https://blinks.bloomberg.com/news/stories/R7U74CDWLU68

  • Pozsar Says $300 Billion Russia Cash Pile Can Roil Money Markets

Russia’s official reserves understate dollar exposure

Hoard is large enough to substantially shift funding spreads

https://blinks.bloomberg.com/news/stories/R7UGSAT1UM0W

  • Fed Officials Keep Rate-Hike Resolve Despite Ukraine Uncertainty

Central bankers stress need to confront strong inflation

Waller open to debating half-point hike if inflation data hot

https://blinks.bloomberg.com/news/stories/R7U051DWLU6B

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