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Which is Actually Transitory: US Inflation, or Powell’s Job?

Jerome Powell is yet to be reconfirmed for a second term as Fed Chair, whilst ‘transitory’ inflation is on a tear. We’re curious to see which one will last the longest.

European Open: Debt Ceiling to Be Temporarily Lifted to Avoid Default

The US senate passed legislation to temporarily increase the government’s debt limit until December, after they voted 50-48 in favour of kicking the can down the road.

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