Macro Briefing: 18 March 2021

* Federal Reserve sees stronger growth, higher inflation in 2021 but no rate hikes
* US 10-year Treasury yield above 1.7% on Thursday, highest in over a year
* Higher inflation outlook threatens to reverse recent dollar gains
* Fast, uneven rebound in consumer demand expected, McKinsey & Co predicts
* Russia recalls its US ambassador after critical US intelligence report
* Climate overhaul of flood insurance program delayed by Senate leader
* China has muted expectations for today’s meeting with US officials
* China’s exports surged in late-2020
* World gasoline demand has probably peaked, says International Energy Agency
* US housing starts fell by more than forecast in February:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.