Fed's Barkin: Positive outlook for , no need to take previous restrictive measures
Fed's Barkin said his baseline outlook for is positive, with more upside than downside to economic growth expected. Expectations of economic expansion may be behind the recent pickup in business optimism. Part of his optimism about the economic outlook is that he believes momentum in consumer spending could keep the economy growing healthily in the coming months. He also pointed out that inflation has not yet returned to the target and the Fed still has more work to do, but it does not need to take restrictive measures as before to accomplish this task.
On January , Eastern Time, due to the fact that wind power morocco phone number list generation reached gigawatts, far exceeding the demand at the time, the German overnight market once again saw negative electricity prices for hours, and power generators had to pay users to consume excess electricity. With the rapid growth of wind and solar power generation capacity, several European countries experienced record periods of negative electricity prices in .
. Biden blocks Nippon Steel's proposed acquisition of U. Steel
US President Biden said that Nippon Steel's acquisition of U. Steel could harm U. national security, so he will ban the deal. Unless CFIUS extends the time, the buyer and seller must take all necessary steps to fully and permanently abandon the proposed transaction within days of the issuance of the order.