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The United States: The Fed delivered a “hawkish pause” this month, with the dot-plot signaling another 50 bps of rate hikes this year. Rate projections also moved higher for 2024 and 2025.
The headline PPI surprised to the downside, with producer prices declining in May.
Japan: Will the BoJ relax its yield curve control as inflation runs hot?
Asia-Pacific: New Zealand entered a technical recession in Q1.
Credit: Deutsche Bank predicts substantial credit downgrades in CLO collateral this year.
Commodities: Have US cattle futures finally peaked?
Cryptocurrency: Crypto liquidity is well off its peak in 2021.
Food for Thought: Semiconductor node size:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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