Sep 15, 2021
Fed Chair Fight, Rising Prices, Lagarde, China Slowdown: Eco Day
Bloomberg News
,(Bloomberg) -- Welcome to Wednesday, Americas. Here are some highlights from Bloomberg Economics to start your day.
- The fight over who should lead the Federal Reserve for the next four years has intensified questions about whether the central bank is doing enough to help combat climate change
- Bloomberg Economics expects the U.S. rate liftoff to occur in the third quarter of 2023. But only a small change in circumstances could shift the first rate increase forward or back considerably
- European Central Bank President Christine Lagarde said unprecedented monetary and fiscal aid and more vaccinations have brought the euro area to a point where it is “recovering more rapidly than we had anticipated
- ECB to work remotely through January amid delta disruption
- Global risks mount as China takes hit from delta, property curbs
- China’s economy is facing one of its biggest challenges since the national lockdown, with August activity data showing the sharpest setback from the coronavirus since early 2020
- Priciest food since 1970s is a big challenge for governments
- German inflation hysteria mysteriously missing before vote
- U.K. inflation surge prompts bets for sharper rate increases
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