Macro Briefing: 4 November 2021

* Federal Reserve says it will start tapering bond purchases this month
* Fed Chair Powell offers no hints interest-rate hike in near term
* Does the Fed risk a policy mistake by letting inflation run hot?
* Inflation debate lurks behind stock market’s bull run
* US private employment rose more than expected in October via ADP data
* Eurozone growth slows to six-month low via PMI survey data
* Factory orders in US unexpectedly increased in September
* US services industry activity surges to record high via survey data in Oct
* US 10-year Treasury yield rebounds to 1.60% as Fed dials back bond buying:

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