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The last 5 times US Inflation peaked above 5% it took a much higher Fed Funds Rate and a recession to bring it back down. Is this time different?

00:01 - 06/09/22

 

 

 

The reduction in the Fed's balance sheet has been slow thus far, only decreasing by $139 billion with assets still higher than where they started the year. The expectation is that the unwind will accelerate from here at a pace of $95 billion per month

 

 

 

Fitch: Net interest margins (NIM) at above the levels seen before the Covid-19 pandemic should support the solid profitability of South Korea’s major banks in at least 2H22

 

 

 

Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the ruble’s surge, sources say

 

 

 

Japan’s government wants nuclear power to make up 20% of the energy mix by 2030.

 

 

 

 

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