24th August 2021
- Fed’s Ability to Set Rates Floor Is Weakening on Cash Deluge
Supply-demand imbalances drive money-market rates toward zero
Central bank tweak isn’t a panacea, JPMorgan strategists say
https://blinks.bloomberg.com/news/stories/QYBI52T1UM0X
- Pelosi Moves to Bypass Democratic Division on Biden Agenda
House could adopt $3.5 trillion budget blueprint Monday night
Moderates, progressives at odds over how to move forward
https://blinks.bloomberg.com/news/stories/QYBS92T0G1KX
- Oil Steadies After Rally With Delta Continuing to Cloud Outlook
Goldman reiterates impact from virus variant will be transient
WTI futures advance for the first time in 8 sessions on Monday
https://blinks.bloomberg.com/news/stories/QYBVK4T1UM0W
- Powell’s Charm Offensive in Congress Positions Him to Keep Job
Fed chair, up for renomination, has worked Congress, Treasury
Biden expected to make decision on chair around Labor Day
https://blinks.bloomberg.com/news/stories/QY457MDWLU6J
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