FOMC Minutes: No Wage-Price Spiral But Ready to Accelerate Taper if Inflation More Persistent, Aggressive

WASHINGTON (MaceNews) – The minutes of the Nov 2-3 Federal Open Market Committee meeting released Wednesday repeated familiar themes about pandemic-caused inflation factors, labor supply issues and so far, the absence of a wage-price spiral. Members advocated contninued vigilance about the intensity of price pressures. Fears that inflation expectations were being elevated beyond previous ranges […]

Covid and Supply Bottlenecks Dampen German Business Sentiment in November

ZURICH (MaceNews) – Business sentiment in Germany fell in November as concerns over a fourth Covid wave and continued supply chain bottlenecks dampened both current conditions and expectations according to the latest report from the Munich-based Ifo Institute. The Business Climate Index median fell to 96.5 in November, slightly below the median of 96.7 in […]

Wednesday November 24 Washington Schedules from Mace News

GUIDANCE AND PRESS SCHEDULE FORWEDNESDAY, NOVEMBER 24, 2021 – SUNDAY, NOVEMBER 28, 2021 The President will remain in Nantucket, Massachusetts through Sunday, November 28. There are no public events scheduled.  Wednesday, November 24, 2021 Out-of-Town PoolWires: AP, Reuters, BloombergWire Photos: AP, Reuters, AFP, NYTTV Corr & Crew: ABCPrint: Daily Mail EST 10:00 AM        Out-of-Town Pool Call Time Thursday, […]