Federal Reserve officials have recently been talking up the case for starting the process of tapering the central bank’s asset purchases. This baby step towards a more hawkish policy stance could begin as early as next month.
Daily Archives: October 21, 2021
Macro Briefing: 21 October 2021
* Senate Democrats consider abandoning planned tax-rate hikes
* European Union set to rebuke Poland for challenging primacy of EU laws
* UK’s energy crisis could force 20 power suppliers into bankruptcy
* China Evergrande’s shares plunge after asset-purchase deal falls apart
* Fed’s Beige Book: slower growth amid higher inflation in early autumn
* Bitcoin futures ETF reaches $1 billion in assets after record-breaking debut
* Inflation worries are driving investment flows into bitcoin, says JP Morgan
* Six reasons why Americans are reluctant to return to work
* US stock market (S&P 500) closed just below a record high on Wednesday: