G7 Foreign Ministers Respond to Putin’s Military Mobilization of Russia. 9/22/22

In the wake of Vladimir Putin’s decision to initiate Russia’s first military mobilization since WWII, G7 foreign ministers have announced that they will pursue more sanctions against Moscow. Oliver Wyman’s Daniel Tannenbaum gives the latest. Plus, after 99 straight days of falling prices, the nationwide average for gasoline ticked up by a penny yesterday to $3.68 a gallon. OPIS’ Denton Cinquegrana discusses the implications. And, following the Fed’s third straight 75 basis point rate hike, is there more pain to come for the economy? Former Morgan Stanley Asia Chairman Stephen Roach weighs in.