Back

Fed's Bullard: Economy has been very good at adapting to pandemic, think that will continue

St Louis Fed President and FOMC voting member in 2022 James Bullard said on Friday that the US economy has been very good at adapting to the pandemic and that he thinks that will continue, according to Reuters. Moreover, the danger is that we will get too much inflation, he added, and that is not the intent of the Fed's new framework. I think we will continue to see dramatic improvement in the US labour market ahead, he said. 

US: Markit Services PMI rises to 58.0 (final) in November vs 57.0 flash estimate

According to IHS Markit, final November Services PMI for the US was 58.0. That marked an upwards revision from the flash estimate of 57.0, though was
Baca lagi Previous

USD to remain resilient despite disappointing NFP – TDS

US Nonfarm Payrolls rose at a much slower pace than expected in November. However, an underwhelming print did little to undermine the USD. Economists
Baca lagi Next