Federal Reserve Chairman Jerome Powell attempted to tamp down rising inflation concerns, and again on Tuesday pledged to keep benchmark lending rates low until jobs
Category: News
Bitcoin hits new record as Tesla invests $1.5bn
Bitcoin (BTC-USD) surged roughly 8% Monday afternoon amid news that Tesla (TSLA) invested $1.5bn in the cryptocurrency, and may even start accepting it as payment
Yellen sees stimulus righting ‘stalled’ US job market in 2022
Treasury Secretary Janet Yellen said Sunday that the US job market is “stalling” and might not recover for years without the support promised by President
Mario Draghi is back… as Prime Minister of the Italian government
The heavyweight of the world economy and former president of the European Central Bank has accepted the mandate to form the new Italian government. This
Congress certifies Biden win after violent Capitol riot
Congress affirmed President-elect Joe Biden’s 2020 election victory after a pro-Trump mob stormed the Capitol and delayed the proceedings. The Capitol is once again secured, but
US Fed holds rate, to continue to buy $80B of bonds
The U. S. Federal Reserve left its key interest rate steady, as widely expected, and said it would continue to increase its holdings of government
ECB boosts stimulus measures further but euro rises
The European Central Bank (ECB) once again boosted its multitude of stimulus measures that are aimed at softening the hit to economic activity from the
BOE holds rate and boosts QE 150 billion
The Bank of England (BOE) left its benchmark interest rate steady but boosted its asset purchases as the United Kingdom enters a second lockdown to
The vaccine for the Coronavirus is getting closer and closer
Why is Pfizer’s announcement about the vaccine for Covid-19 important for markets? The pandemic destroyed the world’s economy by burning the earnings of decades in
Trump’s presidency ends
#Biden will officially become the new President of the United States. But how objectively was TheDonald’s presidency? Pro:– No war (very rare for an American president).–