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Fed's Taper Talk Is Pre-Emptive Strike Against Inflation Fears


Fed’s Taper Talk Is Pre-Emptive Strike Against Inflation Fears
May 31 2021, 2:33 PM
May 29 2021, 6:30 PM
May 31 2021, 2:33 PM
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Inflation readings are coming in hotter than Federal Reserve officials expected and could accelerate the timing of when they debate scaling back their massive bond-buying campaign.
Fed Vice Chairs Randal Quarles and Richard Clarida both declared this week that policy makers could begin this discussion at “upcoming meetings.” That echoes a line from minutes of the Fed’s April gathering but carries more weight coming from Chair Jerome Powell’s leadership team. ....

Bloomberg Quint , Quintillion Media , ப்ளூம்பெர்க் குவிண்ட் ,

Can a Cryptocurrency Break the Buck?

(Bloomberg Opinion) On Sept. 16, 2008, the day after Lehman Brothers filed for bankruptcy, the Reserve Primary Fund “broke the buck”: Its net asset value fell below $1 per share. ....

Bloomberg Quint , Quintillion Media , ப்ளூம்பெர்க் குவிண்ட் ,

Merkel Ready to Give Up Special Lockdown Powers as Covid Ebbs

(Bloomberg) Chancellor Angela Merkel is ready to allow Germany’s controversial lockdown law to lapse, the latest sign that the pandemic is releasing its grip on Europe’s largest economy. ....

Angela Merkel , ஏஞ்சலா மர்கல் ,