Fighting high inflation is tough enough, but the Federal Reserve’s been trying to tame pricing pressure when the economy is showing signs of weakening, at least in some corners. That’s a major challenge, but it’s even a bigger problem in the wake of banking turmoil triggered by the collapse of Silicon Valley Bank (SVB).
Daily Archives: March 17, 2023
Macro Briefing: 17 March 2023
* China President Xi to visit Putin in Russia next week
* Poland to be first NATO country to provide military jets to Ukraine
* Protests erupt after Macron orders pension reforms without vote in parliament.
* First Republic Bank set to receive cash infusion from largest US banks
* US import prices decline in February, second monthly slide
* Philly Fed Mfg Index continues to reflect hefty decline in March business activity
* US jobless claims fell last week, continue to indicate tight labor market
* US housing starts rebound in February to 5-month high:
