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Demand for manufactured goods, while “resilient for now,” will “likely wobble as output prices rise further,” Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said.
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Economists expect that on Wednesday, Federal Reserve Chair Kevin Warsh and his fellow policymakers will side with the markets and hike interest rates.
Rates are high compared to household income in many places, and over time, this could reduce flexibility for public finance entities, say S&P Global analysts.
Gore Street Energy Fund has survived an attempt by activist hedge fund Saba Capital to wind it down at its latest annual general meeting, after investors narrowly voted against its discontinuation. The battery fund quashed the Boaz Weinstein-run fund’s efforts to shut it down at its annual general meeting (AGM) on Wednesday, but more than…
