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--- public:sotm:reading_2022 [2022/08/17 19:25] – [2022-08-16] raju
+++ public:sotm:reading_2022 [2022/08/17 21:23] – [2022-08-17] raju
@@ Line 7: / Line 7: @@
   * money market mutual funds (MMMFs)
   * System Open Market Account (SOMA) redemptions
+  * SOMA net income would likely turn negative in coming months
+  * GDP had declined over the first half of the year
+  * Real goods, consumer goods, capital goods
+  * Total PCE price inflation was 6.3 percent over the 12 months ending in May
+    * Core PCE price inflation was 4.7 percent over the same period
+  * the 12‑month change in the consumer price index (CPI) was 9.1 percent
+    * while core CPI inflation was 5.9 percent over the same period
+  * forward-looking indicators of manufacturing activity weakened broadly
+  * Chinese economy is rebounding as the lockdowns were eased
+  * Over the intermeeting period
+    * nominal and real Treasury yields declined significantly
+    * Sovereign yields in AFEs declined
+    * Broad equity price indexes were higher, amid heightened volatility
+    * credit spreads widened
+    * the exchange value of the dollar continued to appreciate
+    * One-month option-implied volatility on the S&P 500 index—the VIX—decreased
+    * Yields on corporate bonds declined across the credit spectrum
+    * Spreads on municipal bonds widened slightly
+  * C&I loans
+  * Volumes of home-purchase mortgage originations declined in May
+  * mortgage refinance volumes continued to fall
 ==== 2022-08-16 ====