Fed’s Kaplan: As we’re making progress towards our goals, it would be healthier to wean off these extraordinary measures 0 (0)

Remarks by Dallas Fed president, Robert Kaplan, to the Wall St Journal
Just keep in mind that Kaplan is one of the few that projected a rate hike for 2022 based on the Fed’s dot plots last month. He isn’t a voting member in this year’s FOMC (and also next year) but he will be for

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EMA says there is link between AstraZeneca vaccine and blood clots, though cause remains unclear 0 (0)

AFP reports, citing a top official at the EMA
That’s not an encouraging headline following all the drama with the AstraZeneca vaccine in Europe over the past month or so. For now, there doesn’t seem to be much cause for concern outside of Europe, but we’ll see how this develops moving forward.

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Nomura reportedly to finalise, disclose losses tied to Archegos episode later this month 0 (0)

NHK reports
The initial estimates at the end of Q1 had Nomura sitting on roughly $2 billion losses – one of the worst-hit firms from the whole Archegos episode. While this is a rare event in the market, it isn’t one that investors are too concerned about anymore.

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