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Headlines Nov 30

11/30/2021

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​CBO: The Treasury may run out of cash by the end of the year

UK House of Commons votes in favor of new COVID-19 rules.

Fed's Powell: It's reasonable to think about wrapping up taper a few months sooner. We will talk about speeding up taper at the coming Fed meeting.

Fed's Powell: It's time to say goodbye to the term "transitory" when it comes to inflation. DXY strengthened, S&P 500 weakened.
Fed's Powell: The possibility of higher inflation has increased.

BioNTech Founder: The Omicron variant is unlikely to cause severe illness in vaccinated people - WSJ.
US Senate Majority Leader Schumer: The House may pass the stop-gap government spending bill tomorrow.
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