Succinct Summation of the Week's Events

Jul 28, 2023

∙ Paid

Succinct Summation of the Week's Events:

Positives,

1)The BoJ essentially widened yield curve control to 1%, acknowledging implicitly that inflation is running at double their target.

2)The ECB continues to raise its deposit higher, albeit slowly, but with rates still deeply negative on a real basis.

3)Initial jobless claims fell to 221k from 228k last wee…

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