Hints and tips:
...“It’s hard for me to get there by May,” she said during a press briefing, referring to the policy vote scheduled for May 1. A cut at the Fed’s mid-June vote would be a possibility, she added....
...Loretta Mester, president of the Fed’s Cleveland branch, acknowledged on Tuesday that last week’s jobs report showed the labour market was “remarkably resilient”....
...Narrow it to the more politically charged period between May and November, and that rises to 81 per cent versus 65 per cent....
...“I just think that we may have to go further,” she said....
...Powell, Mester and Barkin may also use their remarks to address jitters in the US banking sector....
...On Thursday Preska said that plaintiffs may begin attempting to seize the country’s assets to recoup their award, after Argentina failed to meet a January 10 deadline to post collateral pending its appeal...
...While a stand-off appears imminent, Maril said the appeal and recovery efforts may be a backdrop for behind-the-scenes negotiations between Argentina and the plaintiffs....
...Existing home sales are expected to have declined slightly in May to an annualised pace of 4.25mn from 4.28mn in April....
...New research, however, shows they may also transform the way people experience rural areas and reduce the negative environmental effects of tourism....
...Loretta Mester: Well, the inflation forecasts were off....
...Litigation finance companies pay legal costs upfront in exchange for a share of damages that may be awarded....
...Moreover, Judge Preska may have gotten the measure of damages completely wrong....
...But last month’s figures may have been additionally affected by more unusual events such as the strikes in Hollywood and the laying off of about 30,000 workers at trucking group Yellow....
...Cleveland Fed president Loretta Mester told the Financial Times earlier this week that there was “no compelling reason to pause”....
...But one CAA client, Salma Hayek, may have been particularly valuable to the agency....
...Cleveland Federal Reserve president Loretta Mester said on Thursday that she expected further tightening of monetary policy....
...UK house prices fell further in May as rising mortgage rates hit homebuyers and prompted owners to repay loans....
...He warned that investment banking revenues may not recover until next year. Read more on what he said here. 3....
...Now we may face stubbornly high inflation despite aggressive rate raising. Perhaps then as now, our central banks don’t have as much control over the “inflation process” as we’d like to imagine?...
...Collins, meanwhile, said it is “quite likely that inflation is near peaking and perhaps may have peaked already”....
...Boston-based urban geographer Loretta Lees has researched self-created communities around the world....
...They were joined by Loretta Mester, president of the Cleveland Fed, who also struck a hawkish tone about the trajectory for inflation and what it will take for the Fed to bring prices back under control....
...Loretta Mester, Cleveland Fed president, is scheduled to speak on monetary policy....
...Exclusive: Ukraine war pushes US to review arms stockpiles General Mark Milley, chair of the joint chiefs of staff, has told the FT that the Pentagon is reviewing its weapons stockpiles and may need to boost...
...“We’re getting to the real hard part here of how we assess trade-offs,” Loretta Mester, president of the Cleveland Fed, told the Financial Times earlier this month....
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