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Macro Briefing: 29 April 2021

Summary:
* Fed expects faster growth, higher inflation but holds rates near zero* Biden outlines broad economic plan to Congress* Eurozone economic sentiment rebounded sharply in March* SEC chair resigns over possible conflicts of interest* Vanguard abandons efforts to obtain mutual fund license in China* US traded deficit reached record level in March* US Dollar Index falls to 2-month low:

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* Fed expects faster growth, higher inflation but holds rates near zero
* Biden outlines broad economic plan to Congress
* Eurozone economic sentiment rebounded sharply in March
* SEC chair resigns over possible conflicts of interest
* Vanguard abandons efforts to obtain mutual fund license in China
* US traded deficit reached record level in March
* US Dollar Index falls to 2-month low:

Macro Briefing: 29 April 2021

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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