US headline inflation continues to set to new four-decade highs and the Federal Reserve continues to signal that it will continue raising interest rates. The bond market, however, is starting to consider the possibility that peak inflation and peak policy tightening is approaching.
Daily Archives: July 19, 2022
Macro Briefing: 19 July 2022
* Russia edges closer to shutting gas flow to Europe
* China will take “forceful measures” if US House Speaker Pelosi visits Taiwan
* New coronavirus lockdowns in China raise questions about economic outlook
* Eurozone inflation rises to new record high, adding pressure for rate hikes
* Inflation is “deeply entrenched” in global economy, says Goldman CEO
* Strong dollar is factor weighing on recent fall in commodity prices
* UK is expected to set hottest day for Tuesday
* US homebuilder confidence fell sharply in July:
