by Tyler Durden
Monday, Mar 15, 2021 - 09:45 AM
We start our week ahead preview with the main event of the week: the FOMC on Wednesday, and the ensuing press conference from Chair Powell, which according to DB s Jim Reid will dictate where yields and risk trade for days, if not weeks ahead.
In their preview, DB s US economists highlight that the Committee is likely to update their economic projections with a substantial upward revision to expected growth, a lower unemployment forecasts, and a modestly higher inflation trajectory following the passage of President Biden’s $1.9tn Covid19 relief package. Despite this, Chair Powell is likely to emphasize that significant uncertainties remain and that the recovery has a long way to go, particularly the labor market. Powell is also likely to reiterate that any discussion of tapering is premature and that it will likely be some time before the Committee can even assess if their goals have been achieved.
February 2021: The Top 17 Labor And Employment Law Stories | Fisher Phillips
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Federal Appeals Court Severely Limits Subsequent Violation Rate For California PAGA Penalties | Fisher Phillips
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
 Courtesy Timberline Landscaping
Subzero temperatures saw Colorado Springs Fire Department crews responding to fire sprinkler system ruptures at three local hospitals on Feb. 15.Â
The breaks â at Centura Healthâs Penrose Hospital and St. Francis Medical Center, and UCHealth Memorial Hospital Central â were among widespread problems caused by a freezing Valentineâs Day weekend. Â
âSprinklers are designed typically not to be in areas subject to freezing, but all kinds of things can happen,â Deputy Fire Marshal Kris Cooper said. âLots of times those systems run through attic spaces, dropped ceilings and mechanical spaces.â
The department responds to alarms that go off automatically when sprinkler lines activate.