A softening of sentiment indicators comes as rates already sit close to the bottom of their recent range. Positioning might push them lower still but EUR rates, in particular, are already consistent with more central bank support next year. The belly of the US curve trades cheap, and it feels like it wants to at least have a nudge higher in the days ahead

AIUTO, AVVISTATI DUE ''GOMMONI'' SULLA BARCA DELL’INGEGNERE! – “CHI” SCODELLA LE FOTO DI CARLO DE BENEDETTI CHE SVACANZA CON I LABBRONI PREFERITI DI LILLI-BOTOX GRUBER IN COSTA SMERALDA SUL SUO NUOVO MEGA YACHT DA 72 METRI PAGATO 62 MILIONI 900 MILA EURO – PRIMA DELLA CONDUTTRICE DEL "FATTO E MEZZO", CHE OSPITA SPESSO IL PATRON DELLA BORGHESIA “ILLUMINATA” CON IL CUORE A SINISTRA E IL PORTAFOGLI IN SVIZZERA, CDB AVREBBE OSPITATO IL CRITICO DEL "CORRIERE", ALDO GRASSO… - LE FOTO DELLO YACHT DI CDB

Federal Reserve officials are nearing agreement to begin scaling back their easy money policies in about three months if the economic recovery continues, with some pushing to end their asset-purchase program by the middle of next year.

In recent interviews and public statements, several have advocated for this timetable, which would enable them to raise interest rates sooner than currently anticipated if the economy makes rapid progress toward their goals.

The central bank last December said it would continue the current pace of bond purchases until officials concluded they had achieved “substantial further progress” toward their goals of 2% average inflation and robust employment.

Officials at their July 27-28 meeting deliberated on two important questions: when to start paring their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities, and how quickly to reduce, or taper, them. The Fed is set to release on...

The results mean they would have caught coronavirus in September - some five months before Italy recorded its first official COVID-19 patient on 21 February, in a town near Milan, in the northern region of Lombardy.