US inflation remains elevated and appears on track to remain so for the immediate future. There are hints in some corners that the annual pace of consumer inflation will ease, but the modest optimism for this outlook, which is based on previously published data, is complicated if not eradicated due to the fast-moving Ukraine-Russia crisis.
Daily Archives: February 23, 2022
Macro Briefing: 23 February 2022
* US and its allies prepare to step up sanctions pressure on Russia
* Germany halts approval of Russia-supplied Nord Stream 2 gas pipeline
* Russia’s economy is prepared for the worst amid new sanctions
* Ukraine crisis raises economic risk, says Atlanta Fed’s Bostic
* Should portfolios prepare for recession? No, advises JP Morgan strategist
* US consumer confidence fell again in February
* Home prices rose 18.8% in 2021, highest in 34 years
* Russia threat to Ukraine may complicate Fed’s plans for rate hikes
* US growth accelerates in February to a 2-month high via PMI survey data:
