US dollar sinks on the biggest PPI move you'll ever see
This market is dialed into economic data
Source: forexlive.com
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Powell's 'dangerous' words risk resistance from lawmakers
“Jerome Powell’s rhetoric is dangerous, and a Fed-manufactured recession is not inevitable — it’s a policy choice,” Sen. Elizabeth Warren said.
Source: politico.com
Roubini warns US will keep high inflation unless Fed DOUBLES interest rates
Nouriel Roubini, known as 'Dr Doom', and Michael Burry, famed for the film Big Short, both expressed concern over the direction of the economy. Roubini urged the Fed to do more; Burry sold his shares.
Source: dailymail.co.uk
Morgan Stanley chief economist warns cost-of-living crisis is far from over despite inflation drop
Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, said it was 'a head fake' to believe that the worst of economic pain was past, despite encouraging new data
Source: dailymail.co.uk
Treasury market faces liquidity risks as Fed pares balance sheet
(Refiles to add "as" in first paragraph)
Source: gazette.com