UK’s Shapps: One reason for high inflation is the labor market is tight

The UK Transport Minister Grant Shapps made some comments on the hotter inflation and the latest Omicron covid variant-triggered restrictions.

Key quotes

“One reason for high inflation is the labor market is tight.”

"With some confidence" people will be able to enjoy their Christmas in England without more restrictions being imposed.”

 

more to come ...

Germany’s Scholz: Economy faces biggest transformation in a century to tackle climate change

Germany’s new Chancellor Olaf Scholz said on Wednesday, the country faces the biggest economic transformation in a century to tackle climate change. A
Leia mais Previous

USD/HKD to edge higher within its band towards 7.85 – Credit Suisse

USD/HKD has risen in 2021, despite a fall in USD/CNY, amid broad US dollar strength. In 2022, economists at Credit Suisse expect USD/HKD to trend high
Leia mais Next