Fed Decision, Brazil Prepares to Raise, Mexico Finance Chief: Eco Day

Fed Decision, Brazil Prepares to Raise, Mexico Finance Chief: Eco Day

Before it’s here, it’s on the Bloomberg Terminal. Federal Reserve Chair Jerome Powell and his colleagues may consider moving up a discussion on scaling back monetary stimulus and penciling in a first interest rate hike as soon as 2023Bloomberg Economics expects the Federal Reserve to keep rates on hold today and maintain its assessment of the recent inflation surge as “transitory”The pandemic took a toll on the careers of many working mothers. A rush back to the office is shaping up to be just as damagingChicken-sandwich fever means poultry is pacing U.S. food inflation in the meat caseBrazil’s central bank is set to deliver a third straight interest rate hike of 75 basis points while it considers whether a strengthening economic recovery and rising inflation expectations should prompt more forceful monetary tighteningRogelio Ramirez de la O, nominated as Mexico’s finance minister, will begin what is traditionally the country’s most influential cabinet role with the goal of obtaining a level of independence his predecessors didn’t enjoyEuropean Central Bank President Christine Lagarde is getting tougher with the institution’s unwieldy group of 25 policy makers over the agenda for monetary stimulusBloomberg Economics raised its euro-area growth forecast, especially for 2022The ECB should consider using helicopter money to boost inflation if price growth is persistently weak after the pandemic, according to a French think tank which reports to the nation’s prime ministerU.K. inflation surged unexpectedly past the Bank of England’s target for the first time in almost two years, adding to speculation about when monetary policy could be tightenedOne in five jobs based in the U.K. could be outsourced to other countries in the wake of the coronavirus pandemic, threatening the loss of well-paid white collar employment

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Source www.bloomberg.com

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