"The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic," the FOMC said.
Dan Jaffe, group executive vice president of the Association of National Advertisers in Washington, D.C., discusses the push for national privacy laws, and the obstacles faced by the effort.
Fed's presence is distorting markets, squelching volatility, supporting stock price growth, and curbing Treasury yields at levels that do not reflect market sentiment.
Whether or not they've taken drastic steps such as restructuring, U.S. businesses are facing a changing environment that requires them to revisit transfer pricing policies.
