Euroland jobless rate
After Political Setback for the Democrats, Investor Attention Turns to Fed and Global Economic Trends
November 3, 2021
The FOMC decision will be announced at 14:00 EDT (18:oo GMT) and followed by Powell’s press conference 30 minutes later. A tapering of Fed net monthly asset purchases currently totaling $80 billion of Treasury securities and $40 billion of mortgage-backed securities is widely expected. Running on an anti-vaccination and anti-progressive cultural message, U.S. Republicans in […] More
Evidence of Two-Speed Post-Pandemic Recovery and Some Encouraging News on the Inflation Front
July 1, 2021
The first day of July brought a slew of manufacturing purchasing manager surveys. Recovery from the Covid recession is developing faster than than the upswing from the Great Recession, but countries that have been forced to reimpose restrictions on social gathering are seeing their recoveries lag others. Currencies are also becoming more aligned with Covid-management […] More
