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