9th June 2021

  • Champion of Key Fed Inflation Gauge Says Policy Shift Is Needed

5-year, 5-year forward rate is now consistent with Fed goal

Former Fed official Sack says further climb would be problem

https://blinks.bloomberg.com/news/stories/QUEF73DWRGG1

  • Former Fed Vice Chair Kohn Worries Inflation Risks Are Rising

https://blinks.bloomberg.com/news/stories/QUE5Y9DWLU6M

  • Job Openings in U.S. Jump to Fresh Record High of 9.3 Million

Vacancies top 9 million, led by accommodation, food services

Voluntary quits rate also increased in April to a series high

https://blinks.bloomberg.com/news/stories/QUDZH7DWRGG1

  • Biden, GOP’s Capito End Infrastructure Talks Without a Deal

They failed to agree on scope of spending or how to pay for it

Discussions conclude after phone call between Biden, Capito

https://blinks.bloomberg.com/news/stories/QUEIQ7DWX2PX

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