Macro Briefing For Thursday, Apr. 8

Biden open to negotiating details on corporate tax hike, while highly infectious variant of the coronavirus now dominant in US, according to the CDC. US consumer borrowing exceeds expectations according to February data.

* Biden open to negotiating details on corporate tax hike
* Highly infectious variant of the coronavirus now dominant in US, says CDC
* Fed minutes: policymakers say low rates will stay in place
* Global economic rebound accelerated in March via Global Composite PMI
* Global rise in food prices remains persistent
* Rising dollar in first quarter confounds bearish expectations
* CFO economic optimism rose above pre-pandemic level in late-March
* US consumer borrowing surged in February–biggest gain since late-2017:

Disclosures: None.

Comments