Apr 5, 2022
U.S. turns attention to Russia’s ability to make bond payments
Bond investors expect inflation to pick up this year, though Fed Chair Powell doesn't expect it to have a lasting impact on overall inflation.
Mandel Ngan/AFP via Getty Images
The U.S. is ratcheting up the economic pressure on Russia by targeting its ability to make bond payments. So far, Russia has managed to avoid a default on sovereign debt. But, the Treasury Department has now started blocking Russia’s ability to access assets held at U.S. banks. Shipping costs rose to major heights during the pandemic, but they actually went down in March.
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The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Jay Siebold
Technical Director
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Redmond Carolipio
Digital Producer
Ariana Rosas
Producer
Jesson Duller
Media Producer
Brian Allison
Technical Director
