31st July 2023

  • US Inflation Cooled While Consumer Spending Picked Up in June

Core PCE price index rose 4.1% from year ago, down from 4.6%

Gain in inflation-adjusted spending led by strong truck sales

https://blinks.bloomberg.com/news/stories/RYICB8T0G1KW

  • New Risks Shadow Bond Market as Fed’s Rate-Hike Cycle Nears End

BOJ move, increasing debt sales may weigh on Treasuries

Traders eye key data released next week, including jobs report

https://blinks.bloomberg.com/news/stories/RYK8UPDWRGG0

  • Key US Inflation, Wage Measures Cool in Boost for Soft Landing

US employment cost index posts smallest increase in two years

Fed’s preferred inflation metrics moderate to 2021 pace

https://blinks.bloomberg.com/news/stories/RYIEZMT0AFB4

  • Kashkari Calls Inflation Outlook ‘Positive,’ Expects Job Losses

Minneapolis Fed President says US economy proving ‘resilient’

Unemployment may reach 4%, Kashkari says in interview on CBS

https://blinks.bloomberg.com/news/stories/RYM85XDWRGG0

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