United States:
Why Diversity Matters at the Fed
A (More) Female Fed
“So long as the U.S. Senate agrees with President Joe Biden, women will soon form the majority of the Federal Reserve’s seven-member board for the first time in its 108-year history.Biden last week named Sarah Bloom Raskin and Lisa Cook for slots on the powerful panel, while handing another seat to economist Philip Jefferson.”
Europe:
U.K. Jobs Market Improves Again With Jump in Employment
“Britain’s labor market grew strongly despite a surge in coronavirus infections late last year, with vacancies hitting a record 1.25 million in the fourth quarter and unemployment falling unexpectedly. The number of people on company payrolls rose 184,000 in December, stronger than the pace expected, the Office for National Statistics data showed Tuesday. The jobless rate dropped to 4.1% in the quarter through November, the best reading since June 2020.”
Asia:
How China’s Economy Grew in 2021 Despite a Property Slump
“China’s economy grew at a strong pace of 8.1% in 2021, a number seemingly at odds with headlines about a crashing property market and a crackdown on big technology companies. Here are five charts, based on the latest official data this week, which give a deeper insight into how the world’s second-largest economy changed over the past year.”
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