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(Z2) Improves Off Lower Level


Futures Surge After U.S. CPI


Asia Left To Assess Post-CPI Repricing


(Z2) Outlook Flips Positive

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UPDATE: Former NY Fed Pres Dudley

Amending the prior bullet re: supporting second term for Fed chair Powell.
Tsy Sec Yellen backing not an official statement.
  • According to Bloomberg: "U.S. Treasury Secretary Janet Yellen has told senior White House advisers that she supports reappointing Jerome Powell as Federal Reserve chair, according to people familiar with the matter."
  • While Dudley supports a second term and alludes to Tsy Sec Yellen's endorsement on Bbg TV a few minutes ago, the Tsy Sec has not made an official statement of endorsement.

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