The Week That Will Be (29th August 2021)

1. US Payrolls
The Fed hawks are chomping at the bit for another good jobs report. But Powell made it clear at Jackson Hole that any taper must be dovish in tone, given the employment situation remains dire for many Americans, and that there's still no firm evidence yet that higher inflation is anything other than transitory. He warned on Friday against any "ill-timed policy move" as "such a mistake could be particularly harmful. We know that extended . . .

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