Macro Briefing: 12 April 2018

West considers Syria attack, which risks confrontation with Russia: Reuters
House Speaker to retire, scrambling GOP plans for mid-term elections: NY Times
Consumer inflation’s annual pace ticks up to one-year high: 2.4%: MarketWatch
Oil jumps to 3-year high on rising Mideast tensions: MarketWatch
Fed: trade-war risk outweighs inflation for setting monetary policy: Bloomberg
Facebook’s Zuckerberg faced tougher questions on 2nd day of testimony: c|net
All Fed policymakers say US economy is strengthening via FOMC minutes: Reuters
US federal deficit widened in first half of fiscal year: WSJ
CBO: US federal budget deficit on track to reach nearly 100% of GDP by 2028: CBO
Business inflation outlook edges up to 2.3% y-o-y, highest since 2011: Atlanta Fed