In July, the ECB issued its first Strategic Review since 2003. The latest CfM-CEPR survey investigates one component of the announced policy shift: the new definition of price stability. Most members of the panel of experts on the European economy support the ECB explicitly allowing inflation to exceed its target for extended periods to make up for below-target inflation in
But analysts see Biden narrowing the scope of restrictions in order to avoid a full decoupling with BeijingBiden’s presidency will pass the 100-day mark on Friday, a symbolic milestone against which administrations are often assessed
IN WHAT is another victory for trade unions in the United States, President Joe Biden has fired all ten of Donald Trump’s appointees to the Federal Service Impasses Panel a powerful labour relations body set up to arbitrate and resolve dispute between federal unions and management.
Biden took out its Trump appointees in one swoop when he demanded the resignation of union busters from the panel. Eight resigned and two who refused were fired.
Trump’s appointees, all anti-union activists, had blocked the right of unions to organise and to undertake collective bargaining.
Biden’s clean sweep is seen as a step forward in ending Trump’s campaign of federal union busting.