Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rocket domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/befikry/energyscan.befikry.com/wp-includes/functions.php on line 6121
Stronger growth and accommodative economic policy in the US – EnergyScan

Stronger growth and accommodative economic policy in the US

Optimism should prevail on financial markets: the Fed was more confident about activity recovery but committed to let its policy unchanged, as the inflation spike should remain “transitory”. Joe Biden unveiled his new $1.8tn stimulus package focused on social measures and tax fairness. The plan will now be debated at the Congress and will likely be substantially modified, but it marks a good end to the 100 first days of Mr. Biden’s presidency. The economic agenda is full today: inflation and unemployment in Germany, EU Commission survey, money and credit in the euro area and the first estimate of Q1 GDP growth in the US! Risk appetite supports the euro vs the USD: the EUR/USD exchange rate has broken a key resistance and is now trading above 1.21.

us-GPD-growth
Share this news :

You might also read :

ES-economy
December 13, 2021

Central bank week

All major central banks and even the Bank of Russia or the Bank of Turkey are meeting this week. The Bank of Turkey is expected…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]