The following are the headlines discussed at Aldwin Callen's Monday morning briefing:
- Federal Reserve Chair Jerome Powell stated that he anticipates "quite strong" US economic and job growth in the second half of 2021.
- Producer prices in the United States gained 1% in March and are up 4.2 percent over the previous year, the largest annual increase since 2011.
- The US trade deficit increased 4.5 percent in February to a record $71 billion, owing to strong demand for Chinese imports.
- Germany's trade surplus increased by 1% in February to almost $23 billion, driven by shipments to China.
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