Aug 13, 2020-Thursday

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Thursday, Aug 13, 2020

Federal reserve

Jul 16, 2020 00:17
Businesses began to reopen, and retail sales improved across the country, but there were some new layoffs and employment, too, is far below where it was before Covid-19 struck, the Federal Reserve report said. read more
Jul 02, 2020 09:06
The policymakers “generally indicated support” for tying rate-setting policy to specific economic outcomes, minutes from the US central bank’s June 9-10 policy meeting showed on Wednesday. “A number” favored a promise to leave rates low until inflation meets or even modestly exceeds the Fed’s 2% goal. read more
Jun 15, 2020 08:14
Crude oil’s six-week rally came to a halt last week amid concerns the worst of the virus isn’t over yet and as the Federal Reserve warned the pandemic could inflict lasting damage on the American economy. read more
Jun 12, 2020 01:31
The Federal Reserve dimmed some of the optimism investors have had about a swift economic rebound Wednesday, warning that the road to United States’ recovery from the worst downturn in decades due to the Covid-19 pandemic would be long. read more
Jun 11, 2020 11:29
Futures lost 3.2% to drop below $39 a barrel, erasing all of the gains from the previous session. US crude inventories unexpectedly rose last week, even as oil production fell, while gasoline stockpiles also saw a surprise expansion. read more
Jun 03, 2020 17:53
Change lending practices; take risks; review investment criteria; align goals with national reconstruction read more
May 18, 2020 06:16
US Federal Reserve chairman Jerome Powell offered an overall positive message while warning that it would take much longer for the economy to regain its health than it took for it to collapse with stunning speed. read more
Apr 30, 2020 08:29
Federal Reserve chairman Jerome Powell said he believed the viral outbreak would imperil the economy for potentially a year or more, particularly if a vaccine or an effective treatment isn’t developed before then. read more
Mar 17, 2020 05:40
On Monday, the wholesale price index (WPI) based inflation was pegged at 2.26% for February but the retail inflation is still outside RBI’s comfort zone of 6% at 6.58%. read more
Mar 16, 2020 06:35
The US Fed made its second emergency rate cut in less than two weeks, lowering the benchmark borrowing rate to a range of 0-0.25 percent, and pledged to keep it there “until it is confident that the economy has weathered recent events.” read more
Mar 11, 2020 19:38
The increase in the seasonally adjusted consumer price index of just 0.1 percent shows inflation is not a concern for the world’s largest economy, and bolsters the US Federal Reserve’s aversion to high interest rates. read more
Mar 02, 2020 13:02
After equities suffered their worst week since the financial crisis more than a decade ago, central banks began to flag support measures, with Federal Reserve boss Jerome Powell hinting at a fresh interest rate cut at the bank’s next meeting. read more
Nov 07, 2019 12:46
On the trade deal, Raghuram Rajan said there’s some progress, but it will not be a permanent solution and won’t be something that many people want to see. read more
Nov 01, 2019 19:19
The unemployment rate ticked up from 3.5% to 3.6%, still near a five-decade low. And for a second straight month, average hourly wages rose a decent if less-than-robust 3% from a year ago. read more
Oct 30, 2019 08:14
An investment strategist stated that while investors were panicking about the trade war, global growth and Brexit in the summer , they have now realized that the situations were not that bad. read more