A SEPtember to remember
This month’s release will likely show substantial revisions, following a surprise inflation reading last week that showed underlying price pressures still very high.
Source: politico.com
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Do Wages Drive Prices, or Vice Versa? The Answer Matters for Interest Rates
Do Wages Drive Prices, or Vice Versa? The Answer Matters for Interest Rates
Source: eurocapital.gr
Globetrotting and oil capping
The technical work on the mechanics of the cap and other governance issues is just about done, although discussions are ongoing around the price where the cap will be set.
Source: politico.com
The carried interest taxman (finally) cometh
While Senate Democrats estimate the plan to tax carried interest as regular income will only generate $14 billion — the bill has a $739 billion price tag.
Source: politico.com
Inflation to stay "undesirably high" as ECB hikes rates for the first time in over a decade
For the first time in over a decade, the European Central Bank (ECB) raised its policy rate and unveiled a new bond-buying mechanism.
Source: invezz.com