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10. US Personal Income & Spending The Federal Reserve’s monetary policy announcement is the most high profile event but there’s a very good chance the FOMC statement will remain virtually unchanged. Since the last Fed meeting, high vaccination rates encouraged more spending and travel. We haven’t seen it in the data yet because the latest retail sales report showed only 0.6% increase for July but there’s no question that economic activity accelerated over the past month. The problem is that the delta virus variant, expiration of the eviction moratorium this week and the end to extended unemployment benefits poses a major risk for economic activity in the fall. The Fed admitted that they talked about talking about taper at their last meeting and discussions likely continued in July. However any major announcements will probably be relegated to the August Jackson Hole symposium, where policymakers will meet in person for the first time since the pandemic with details releas

European central bankFederal reserveKathy lienManaging directorBig techAugust jackson holeFed chairman powellJapanese yenஐரோப்பிய மைய வங்கிகூட்டாட்சியின் இருப்புகத்தி உரிமைநிர்வகித்தல் இயக்குனர்பெரியது தொழில்நுட்பம்ஆகஸ்ட் ஜாக்சன் துளைஊட்டி தலைவர் போவல்ஜப்பானிய யென்