What I Am Reading
Friday, July 15, 2022
Markets
Central banks
- Central banks rapidly shift gears in bid to stem inflation tidal waveReuters
- All Crisis Scenarios Lead to Rome as ECB Starts Raising Interest RatesBloomberg
- Inflation jumped again in June. How bad is it and what will the Fed do next?Vox
- Fed’s James Bullard Favors 75 Basis-Point Rate Hike in July, Nikkei ReportsBloomberg
- Fed Governor Waller expects 0.75 percentage point hike, but open to a larger oneCNBC
- Powell, Clarida cleared of wrongdoing in Fed trading controversyCNBC
- Jamie Dimon rips Fed stress test as 'terrible way to run' financial systemCNBC
US
- JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds badCNBC
- Producer Price Gains Accelerated in JuneWall Street Journal
- Biden Calls Inflation Numbers ‘Out of Date.’ Americans DisagreeBloomberg
- Economists are predicting a recession but companies are still hiringVox
- People Have Money but Feel Glum—What Does That Mean for Economy?Wall Street Journal
- Will Home Prices Fall? Listings Rise for the First Time in Three YearsBloomberg
- Mortgage Rates Rise Again After Recording Sharp DropWall Street Journal
- How inflation can hurt and help consumers, according to economistsCNBC
Europe
China
- China Set to Post the Slowest Growth in Two Years on Zero-Covid PolicyWall Street Journal
- China Property Market Shudders as Buyers Threaten to Stop Mortgage PaymentsWall Street Journal
Industries & companies
- Airlines:Airlines’ Challenge Is Cutting Costs, Not Filling SeatsNew York Times
- Autos:GM and Pilot Plan National Electric-Vehicle Charging NetworkWall Street Journal
- Financials:Bank of America fined $225 million over unemployment benefits programCNBC
Beyond markets
- Baby-Formula Shortage Deepens, Defying Replenishment EffortsWall Street Journal