Daily Archives: Sep 22, 2022 at 07:48 am EDT

Macro Briefing: 22 September 2022

* NATO chief condemns Putin’s latest threat of nuclear war
* Federal Reserve lifts interest rates with third straight 1/4-point hike
* Fed’s Powell suggests recession may be price for taming inflation
* Fed anticipates lifting rates as high as 4.6% to tame inflation
* Bank of England under pressure to follow Fed with big rate hike
* Home sellers are scarce as rising rates convince homeowners to stay put
* Yen rises after Japan intervenes in currency market for first time since 1998
* After Switzerland’s rate hike, Japan is last country with negative rates
* US existing home sales fell for seventh straight month in August:

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