Daily Archives: Jun 16, 2022 at 08:10 am EDT

Macro Briefing: 16 June 2022

* Chinese leader restates support for Russia on “sovereignty and security” matters
* Three European leaders visit Ukraine as US pledges $1 billion in new security aid
* Federal Reserve hikes interest rates 3/4 percentage point
* Business inflation expectations are relatively steady in June
* NY Fed Mfg Index reports second month of contraction in June
* US homebuilder sentiment falls to two-year low in June
* US retail sales fall in May, posting first monthly loss this year:

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