
Overseas Headlines: August 24, 2021
United States: Powell’s Charm Offensive in Congress Positions Him to Keep Job “Federal Reserve Chair Jerome Powell has built a reputation as a skilled advocate

United States: Powell’s Charm Offensive in Congress Positions Him to Keep Job “Federal Reserve Chair Jerome Powell has built a reputation as a skilled advocate

United States: Fed Experts Say Powell Framework Needs Endgame, Inflation Reset “Federal Reserve chairs have frequently used the central bank’s annual Jackson Hole symposium at

United States: Bearish Bets on Stocks Outside the U.S. Emerge Timed to Fed “Some investors appear to be hedging against a slump in stocks outside

Brent Oil Brent oil prices decreased by 6.30% or US$4.49, as prices decreased this week relative to the prior week. Oil traded on August 19,

United States: Fed Minutes Show Most Officials See Taper Starting This Year “Most Federal Reserve officials agreed last month they could start slowing the pace

United States: U.S. Wealth Gap Rises With Jackson Hole Coming at the Top “When U.S. Federal Reserve officials head to their annual mountain retreat next

United States: Drop in U.S. Retail Sales Underscores Shift to Services Spending “U.S. retail sales fell in July by more than forecast, reflecting a steady

United States: N.Y. Manufacturers’ Expansion Moderates; Sales Prices at Record “A gauge of New York state manufacturing moderated in August after expanding at an unprecedented

United States: Budget Breakdown Risk Clouds U.S. Outlook “It’s been a great week for President Joe Biden’s economic program, looking at the headlines on fiscal

Brent Oil Brent oil prices increased by 0.03% or US$0.02, as prices increased this week relative to the prior week. Oil traded on August 12,