Daily Archives: May 11, 2023 at 07:25 am EDT

Macro Briefing: 11 May 2023

* Yellen doubts Biden administration can avoid default without Congress
* Migrant influx to US from Mexico surges as pandemic-era law ends
* China and US debt-ceiling risk expected to dominate G7 finance meeting
* Republican-led states move to falls to near-zero pace, slowest in two years
* SoftBank suffers record $32 billion loss for its Vision Fund
* US consumer inflation ticked down to 4.9% annual rate in April:

Continue reading