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  • Are Recessions a Guaranteed Cure for Inflation?

    From youtube.com

    With the present inflation surge showing no sign of loosening its grip on the US economy, some economists are advocating a recession, typically defined as two successive quarters of negative growth, as the only effective cure. But are recessions a guaranteed fix for price pressures?
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    BOJ's Adachi: FX isn't a target for monetary policy; Too early to tighten monetary policy

    From @DailyFXTeam|Jun 1, 2022|3 comments

    tweet at 9:34pm: BOJ's Adachi: - FX isn't a target for monetary policy - Too early to tighten monetary policy - BBG tweet at 9:34pm: BOJ'S ADACHI: THERE IS AN INCREASING RISK THAT CHINA'S OUTPUT DECLINE, CAUSED IN PART BY ITS ZERO-COVID POLICY, WILL RESULT IN SEVERE GLOBAL SUPPLY CONSTRAINTS.

    International Trade in Goods and Services, Australia, April 2022

    From abs.gov.au|Jun 1, 2022

    Key statistics: • The seasonally adjusted balance on goods and services surplus increased $757m to $10,495m in April. • Goods and services credits (exports) rose $479m (1.0%) to ...

    Queen holds 'most currencies' world record

    From thewest.com.au|Jun 1, 2022|2 comments

    While many people are familiar with the Queen's record as the longest-reigning living monarch, she also holds a raft of other records, including appearing on the most number of ...

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    Fed’s Bullard Sees 3.5% Rates Setting Up Cuts in 2023 or ‘24

    From bnnbloomberg.ca|Jun 1, 2022

    Federal Reserve Bank of St. Louis President James Bullard urged policy makers to raise interest rates to 3.5% this year to bring inflation down from near a four-decade high, ...

    Rising U.S. yields help dollar higher

    From nasdaq.com|Jun 1, 2022

    The dollar hit a three-week high against the yen in early trade on Thursday and was holding firm against other majors, supported by rising U.S. Treasury yields, which hit two-week ...

    Auction Result of 10-Year JGBs on June 2, 2022

    From mof.go.jp|Jun 1, 2022

    table

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  • Posted: Jun 1, 2022 9:37pm
  • Submitted by:
     Newsstand
    Category: Educational News
    Comments: 0  /  Views: 954
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    From @Financialjuice1|Jun 1, 2022
    The Fed’s Mary Daly says rate hikes should continue until inflation is tamed
    From cnbc.com|Jun 1, 2022
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