Overseas Headlines – July 14, 2022

July 14, 2022


United States:

Citi Now Sees a 100 Basis-Point Fed Rate Hike in July as Likely

Citigroup Inc. economists now see a 100 basis-point rate increase as the most likely outcome when the Federal Reserve meets in late July, following data that showed US consumer inflation accelerated to a fresh four-decade high.



ECB Is Judged as Acting Late After Its Long Goodbye to Low Rates

The European Central Bank’s much-heralded interest-rate hike will arrive too late, according to most economists in a Bloomberg survey.



India Bonds Will Suffer Most in Asia in a US Recession Scenario

US recession risks are reverberating across the emerging Asian debt complex and nowhere is this more apparent than in Indian sovereign bonds.




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