04/14/2021 | News release | Distributed by Public on 04/14/2021 16:23
The US consumer price index rose at its fastest pace since 2012 in March, boosting inflation expectations. Johnson & Johnson will delay vaccine rollout in Europe following the CDC's call for a pause on use. President Biden proposes a summit with President Putin amid heightened bilateral tensions.
A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.
Last week, President Biden released his FY2022 budget proposals, or 'skinny budget,' which provide a topline summary of his overall spending requests and indicate his policy priorities over the next year. If Biden gets his way, next year's federal budget would feature a marked jump in domestic spending across the board, dovetailing with current efforts to achieve a variety of legislative priorities, a modest increase in defense spending, and a general philosophy of spending markedly different from his predecessor.