Wednesday 20th January 2021
It’s Inauguration Day, or it will be when Wednesday eventually ticks round in the US. Lady Gaga will sing the National Anthem before Biden moves into the Oval Office and works his way through his executive orders. Ahead of that, we’ve heard from Janet Yellen, the nominee to be Treasury Secretary who said the administration needs to act big to help those struggling through the COVID crisis. Phil Dobbie talks to NAB’s Ray Attrill about the market reaction to her words. They also look at bank earnings and rising confidence in Germany, as well as looking ahead to the UK’s CPI figures later, plus the Bank of Canada meeting tonight.
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Rates rise when?
The US Federal reserve suggested no rate rise until 2024. On today’s podcast Kallum Picking says it might happen sooner. Plus what to expect from the Bank of England today, is Uber a sustainable business model and Dominic Cummings admits he was the puppet master.
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Facebook for Business
Social networking is a great way to communicate with friends — so why wouldn’t the same principles apply at work?
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10 Ways To Reduce Your Debtors Level
Mike Rich from Attache Software says alarm bells should be ringing if your average debtor days is 50 percent over your trading terms. He provides advice on how to rein it in.
