Daily Archives: Oct 13, 2022 at 07:17 am EDT

Macro Briefing: 13 October 2022

* Russia continues widespread attacks on Ukraine with drones
* Fed officials expect higher interest rates to persist, according to Fed minutes
* OPEC+ oil supply cuts may be “tipping point for a global economy,” IEA warns
* Capital spending cuts by world’s leading chip firm are warning for tech sector
* Chip firm Intel planning major layoffs, a warning for the PC market
* Wholesale prices in the US rose more than forecast in September
* Business inflation outlook steady at 3.3% in October via Atlanta Fed survey
* US Treasury real (inflation-adjusted) yields remain close to 12-year highs:

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