The risk of reducing the MPR and then having to reverse it due to a misreading of the information is much higher than leaving it at 11.25% for longer than appropriate.
While equities have a relative advantage over bonds in a more inflationary environment, as inflationary pressures begin to moderate, an intermediate step in risk taking should be via investment grade fixed income.
The trend may be related to the economic aid provided by the U.S. government to combat the effects of the pandemic.
Waymo, the driverless vehicle company of Alphabet, Google's parent company, already operates an autonomous cab service in the Phoenix metropolitan area and is preparing to do so in Los Angeles.
Solhyd, a project of Belgium's KU Leuven University, will begin pilot production of solar cells for house roofs that can produce hydrogen from moisture in the air.