White House economic adviser downplays risks over debt ceiling standoff 0 (0)

The US government is anticipated to default on payment obligations possibly some time in October
This is one risk that perhaps the market is largely ignoring, mainly because more often than not it is a political standoff that eventually gets sorted out because let’s be real, politicians themselves perhaps have more to lose than the working

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ECB’s Makhlouf: Fears of excessive inflation are overstated 0 (0)

The ECB continues to try to play the ‚transitory‘ card
And that will be the name of the game until they feel the squeeze of being pushed into a corner. It is going to be interesting to see how this all plays out with the hawks at the central bank considering that base effects and the

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ECB’s Kazaks: Inflation outlook likely to be revised higher 0 (0)

Remarks by ECB policymaker, Martins Kazaks
Again, the nature of inflation may yet be ‚transitory‘ but the challenge for central banks is figuring out how long that may be. With supply bottlenecks set to continue through to next year and the pandemic still stifling a synchronised global recovery, ‚transitory‘ could mean another year of high cost/price

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