Hints and tips:
...“We’re probably going to have sticky inflation from here,” said Tim Murray, multi-asset strategist at T Rowe Price....
...economic adviser Lael Brainard....
...“We look forward to engaging in dialogue with and seeking the understanding of relevant stakeholders throughout the process, including government authorities,” it added on Friday....
...Lael Brainard, the White House economic adviser, said Samsung had also made a “series of commitments to enable it to manufacture chips directly for the Department of Defense”....
...“We could hear more when Congress returns [from recess], though we believe many lawmakers may sit this out as they neither want to support Visa/Mastercard nor bank consolidation,” Seiberg wrote....
...“So basically we’re on a path to cut emissions in half by 2030 — and we’re doing so in the context of solid growth, a two-thirds decline in inflation, a surge in clean energy investment and a surge in associated...
...“This particular inquiry is motivated by the national security risk . . . though it fits into a broader strategy for making sure that we are supporting a strong US auto industry,” said one official....
...“We provided the USW with specific commitments which we believe address each of the union’s concerns that have been raised,” it said....
...Translation: yes, we’ve told allies such as Japan that we want to hold them closer as we try to decouple from China in strategic areas like steel, chips, electric vehicles and so on....
...“We don’t think about political events. We don’t think about politics,” he said. “We’ll do the things that we think are right for the economy when we think [it] is the right time....
...We are changing that”. The CFPB said it was also refunding $140mn to US customers....
...What’s more, growth isn’t concentrated in just the usual places but has been strong around the country: national economic adviser Lael Brainard has been out touting the administration’s focus on “place-based...
...As Lael Brainard, Biden’s national economic adviser, told reporters: “We’re on a path to cut emissions in half by 2030. And we’re doing so in the context of solid growth....
...We can debate the right approach....
...“We shall stay the course until . . . we can return inflation to 2 per cent in a timely manner,” the ECB president said in a panel discussion during the World Economic Forum....
...The writer is an FT contributing editor On Tuesday Lael Brainard started her new job as the top economic adviser to Joe Biden....
...“We’ve done a lot, but we have additional work to do both on raising rates and sustaining restraint to bring inflation down to 2 per cent over time,” she said, adding that while October’s better than expected...
...Cartstens said: “We need to develop the discipline to act in a more forceful way when we are in peace times.”...
...“We’re seeing shovels in the ground, we’re seeing private investment come back to our country....
...“We are in this for as long as it takes to get inflation down,” she said....
...“Many of [the big tech companies] have spoken to their responsibilities, and part of what we want to do is make sure we have a conversation about how they’re going to fulfil those pledges,” the senior administration...
...“We are finally giving Latinos, all 62mn of us who call this country home, a seat at the table where the most consequential decisions on monetary policy are made,” he said in a statement....
...“We’re definitely going out a lot less than we used to,” he adds....
...We’re also reading and listening to . . ....
...Lael Brainard, the vice-chair of the Fed, signalled that the US central bank also had more to do to get inflation closer to its 2 per cent target, despite signs that consumer spending is starting to ebb,...
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