OPEC: projections indicate global oil demand will plateau after 2035

tweet at 8:20am: Bullard Sees Two Rate Increases In 2022, Calls For Balance Sheet To Begin Declining As Soon As Bond Purchases End tweet at 8:20am: Bullard: Fed Showing Commitment To Higher Inflation Framework But Now Risks Overachieving With Inflation Too High For Too Long tweet at 8:21am: FED'S BULLARD: IT WOULD TAKE A PRETTY HUGE SHOCK AT THIS POINT TO THROW OFF THE START OF THE BOND TAPER.

The economy is back from the brink, but not completely out of the woods. After a highly unusual recession, the euro area is going through a highly atypical recovery. This atypical recovery is leading to rapid growth, but also to supply bottlenecks appearing unusually early in the economic cycle. It is also causing inflation to rebound quickly as the economy reopens. And it is helping to accelerate pre-existing trends and new structural changes brought about by the pandemic, which could have implications for future inflation dynamics. But it is important today to take a step back. To understand how monetary policy should operate in this environment, we need to recognise where we have come from and where current trends suggest we are goin tweet at 8:01am: ECB'S LAGARDE SAYS WE STILL NEED AN ACCOMMODATIVE MONETARY POLICY STANCE TO EXIT THE PANDEMIC SAFELY AND BRING INFLATION SUSTAINABLY BACK TO 2%. : tweet at 8:03am: ECB'S PRESIDENT LAGARDE: IN MOST CASES, MONETARY POLICY SHOULD “LOOK PAST� TEMPORARY SUPPLY-DRIVEN INFLATION. tweet at 8:03am: ECB'S PRESIDENT LAGARDE: WE EXPECT TO SEE EVEN MORE PROGRESS TOWARD A TIGHTER ALIGNMENT BETWEEN OUR POLICY RATES' EXPECTED TIMING OF LIFT-OFF AND THE MOST LIKELY INFLATION OUTLOOK. tweet at 8:03am: ECB'S PRESIDENT LAGARDE: WE EXPECT INFLATION TO FALL ONCE THE PANDEMIC'S EFFECTS HAVE PASSED.