31st August 2021

  • Progressives Urge Biden Not to Nominate Powell as Fed Chair

Ocasio-Cortez, four other Democrats call for new Fed leader

Group wants Fed focused on climate risk, economic justice

https://blinks.bloomberg.com/news/stories/QYO7RJT1UM11

  • Cracks Are Emerging in the Fed’s Floor as Key Target Rate Slides

Effective fed funds rate fell for the second time in two weeks

Deluge of cash continues to flood U.S. short-term markets

https://blinks.bloomberg.com/news/stories/QYO5MHT1UM0W

  • Ex-Fed Official Lacker Warns Powell in ‘Tough Spot’ on Inflation

Former Richmond Fed president sees danger inflation persists

Fed has abandoned pre-emptive policy to ward off price growth

https://blinks.bloomberg.com/news/stories/QYNQQJT0AFB4

  • Worrying Mutations in New Virus Strain Found in South Africa

C.1.2. variant identified in May, spread to seven countries

Mutation types associated with increased transmissibility

https://blinks.bloomberg.com/news/stories/QYNTOLT1UM0X

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