Lagarde: the ECB must not overreact to temporary supply shocks

ECB President Christine Lagarde said the ECB should be wary of withdrawing stimulus measures too quickly when inflation may only soar "temporarily". "there is no sign that rising inflation is becoming widespread throughout the economy," Lagarde said in a speech at an important ECB meeting. " "the key challenge is to ensure that we do not overreact to temporary supply shocks that have no impact in the medium term, and to nurture positive demand forces that could continue to push inflation towards the 2 per cent target," Lagarde said.

新浪美股Sep 28, 2021 20:23

The labor shortage is getting worse: half of the small businesses in the United States do not recruit enough people, and more than 40 percent of the small businesses are forced to raise wages.

Fifty per cent of small business owners in the US reported job openings in August, an all-time high, the National Alliance of Independent Enterprises (NFIB) said on Thursday. The proportion of small businesses that do not hire enough workers is the highest since records began in 1986, up one percentage point from 49 per cent in July, according to NFIB. In addition, 41 per cent of small business owners said they had raised wages to attract workers, an all-time high. Bill Dunkelberg, chief economist of NFIB, said in a statement: "the owners raise wages in order to attract workers, and these costs are positive."

新浪美股Sep 3, 2021 07:56

JPMorgan Chase plans to recruit more than 500 wealth management consultants

JPMorgan is planning to more than double the number of advisers in its traditional brokerage business to expand its wealth management business and attract more wealthy clients. Kristin Lemkau, head of the bank's US wealth management division, said on Thursday that the bank planned to hire more than 500 financial advisers over the next five to seven years, bringing the total number of financial advisers to 1000. JPMorgan will also try to connect the unit more closely with wealth managers working in retail branches and help financial advisers direct clients to other parts of the bank more effectively.

新浪財經Jul 23, 2021 07:13

SoftBank's stock price plummeted more than 6% after the Didi Chuxing App was removed from the shelves

SoftBank Group's stock price plummeted on Monday. Didi Chuxing is operated by an online car-hailing giant that just went public in the US, and SoftBank is the company's largest shareholder. SoftBank once fell 6.1% in Tokyo, the biggest drop among the constituent stocks of the Nikkei 225 Index. This is also the biggest decline since it published its financial report in May. Since SoftBank hit a record high in March, its market capitalization has shrunk by nearly one-third. Although the Japanese company posted its biggest quarterly profit of all time less than two months ago, investors were disappointed that it didn't have any new share repurchase announcements. SoftBank's Vision Fund is Didi's largest shareholder, with a shareholding ratio of over 20

新浪財經Jul 5, 2021 12:00

EIA data: the United States imported Iranian oil in March for the second time since 1991

Despite sanctions on Iran's energy industry, the US imported a rare batch of 1.033 million barrels of Iranian crude oil in March, according to (EIA). The shipment is the second time the United States has imported oil from Iran since the end of 1991, according to data on the EIA website.

新浪財經May 31, 2021 12:34

Callodine Acquisition Corporation Announces Launch of $250 Million Initial Public Offering

Business WireMar 22, 2021 11:15