Daily Archives: May 5, 2021 at 06:20 pm EDT

Macro Briefing: 5 May 2021

* Rates may need to rise to prevent overheating US economy, says Treasury Sec.
* Supply shortages, logistical logjams may force firms to raise prices
* Covid deaths in India may double in weeks ahead, forecasters warn
* Eurozone growth continued to strengthen in April via PMI survey data
* Birthrate in US declined to another record low in 2020
* US factory orders rebounded sharply in March
* US trade deficit surged to record in March
* US gasoline price approaching seven-year high: