Daily Archives: Oct 25, 2022 at 07:30 am EDT

Macro Briefing: 25 October 2022

* UK economic, financial turmoil await Rishi Sunak, the incoming prime minister
* World in ‘global energy crisis’, says head of the International Energy Agency
* Fed’s rate hikes will pause when inflation halves, economist predict
* Recession is price to pay for taming inflation, says JP Morgan president
* China’s yuan falls to 15-year low against the US dollar on Tuesday
* China probably won’t bail out its ailing property sector, says economist
* US economic activity contracted in October via PMI survey data
* Chicago Fed Nat’l Activity Index indicates “steady” US growth in September:

Continue reading