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2021-05-28
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Biden’s 6 Trillion, Yellen’s Inflation View, First Out: Eco Day
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Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:</p>\n<ul>\n <li>President Joe Biden is set to unveil a budget that wouldincrease federal spending to $6 trillionin the coming fiscal year</li>\n <li>Treasury Secretary Janet Yellen said above-normal inflation is likely to persist through the end of the year before fading,a longer periodthan officials had previously indicated. Yellen travels to London for a meeting of her G-7 counterparts in thislook at the week ahead</li>\n <li>As countries begin to emerge from the pandemic, forecasts become even more important in deciding which countrieswill come out ahead</li>\n <li>China is trying towhack down soaring commodity pricesbefore rising costs hurt the economy</li>\n <li>A plan to end England’s virus restrictions on June 21is in doubt</li>\n <li>Secretary of Commerce Gina Raimondo said administration spending plans are focused onboosting U.S. competitivenesswith China</li>\n <li>Taiwanplans to doublea proposed increase in stimulus as the economy reels from virus restrictions and South Korea’s president wants tokeep the budget expansionarythrough at least next year</li>\n <li>Brazil’s unemploymentrose to an all-time highas a second wave of coronavirus battered the economy, while Chile’s finance minister plans totap bond marketsto help finance $10.8 billion of measures</li>\n <li>The G-7 meeting of finance officials in London next week muststrike an agreementto corral the world into changing how much tax multinationals pay and where, French minister Bruno Le Maire said</li>\n <li>The Fed’s prestigious annual Jackson Hole policy symposiumwill be held in personthis year, albeit in a modified form</li>\n <li>America’s economic recoveryisn’t roaring for everyone, Stephanie Flanders and Michael Sasso explain in their weekly Podcast</li>\n <li>The yuan’s relentless advance is raising expectations it could hit levelslast seen before its shock devaluationin 2015. The People’s Bank of China said the currency can’t be used as a tool to spur exports or tooffset the impact of commodity priceincreases</li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden’s 6 Trillion, Yellen’s Inflation View, First Out: Eco Day</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden’s 6 Trillion, Yellen’s Inflation View, First Out: Eco Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 08:18 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-05-27/biden-s-6-trillion-yellen-s-inflation-view-first-out-eco-day><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tracking China’s campaign to rein in sky-high commodity prices\nYuan’s blockbuster week has analysts looking to six-year high\n\nHappy Friday, Asia. Here’s the latest news and analysis from Bloomberg ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-27/biden-s-6-trillion-yellen-s-inflation-view-first-out-eco-day\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-27/biden-s-6-trillion-yellen-s-inflation-view-first-out-eco-day","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165018046","content_text":"Tracking China’s campaign to rein in sky-high commodity prices\nYuan’s blockbuster week has analysts looking to six-year high\n\nHappy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend:\n\nPresident Joe Biden is set to unveil a budget that wouldincrease federal spending to $6 trillionin the coming fiscal year\nTreasury Secretary Janet Yellen said above-normal inflation is likely to persist through the end of the year before fading,a longer periodthan officials had previously indicated. Yellen travels to London for a meeting of her G-7 counterparts in thislook at the week ahead\nAs countries begin to emerge from the pandemic, forecasts become even more important in deciding which countrieswill come out ahead\nChina is trying towhack down soaring commodity pricesbefore rising costs hurt the economy\nA plan to end England’s virus restrictions on June 21is in doubt\nSecretary of Commerce Gina Raimondo said administration spending plans are focused onboosting U.S. competitivenesswith China\nTaiwanplans to doublea proposed increase in stimulus as the economy reels from virus restrictions and South Korea’s president wants tokeep the budget expansionarythrough at least next year\nBrazil’s unemploymentrose to an all-time highas a second wave of coronavirus battered the economy, while Chile’s finance minister plans totap bond marketsto help finance $10.8 billion of measures\nThe G-7 meeting of finance officials in London next week muststrike an agreementto corral the world into changing how much tax multinationals pay and where, French minister Bruno Le Maire said\nThe Fed’s prestigious annual Jackson Hole policy symposiumwill be held in personthis year, albeit in a modified form\nAmerica’s economic recoveryisn’t roaring for everyone, Stephanie Flanders and Michael Sasso explain in their weekly Podcast\nThe yuan’s relentless advance is raising expectations it could hit levelslast seen before its shock devaluationin 2015. The People’s Bank of China said the currency can’t be used as a tool to spur exports or tooffset the impact of commodity priceincreases","news_type":1},"isVote":1,"tweetType":1,"viewCount":481,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/135591716"}
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