The chair of the Federal Reserve Wednesday dashed lingering hopes for a fast rebound from the coronavirus outbreak, saying the U.S. economy may feel the weight…
Posts tagged as “U.S. economy”
U.S. Economy Experiences Historic Unemployment Drop
The closing down of the U.S. economy because of the coronavirus pandemic is a shock of historic proportions that will seemingly push the national unemployment…
Investors Bet on Treatments, Testing for Restart of U.S. Economy
Traders are pinning their hopes for the reopening of the U.S. economy on the potential for broader availability of testing for COVID-19 cases and on…
Asian Shares Jump On U.S. Economy Reopening Plans
Asian shares gained Friday as President Donald Trump’s plans to gradually reopen the U.S. economy offset data that confirmed China suffered its worst financial contraction…
Fed’s Chair Powell to Comment on Monetary Policy and COVID-19 Response
Federal Reserve Chairperson Jerome Powell – one of the vital architects of the unprecedented effort underway to shield the U.S. economy from the coronavirus pandemic- could…
Federal Reserve Sets Higher Bar for Shift in interest Rates
At a look, the Federal Reserve has set a high bar for any change in rates of interest this year: A “materials reassessment” of the…
U.S. Greenback Giant as Economy Stands Strong
The greenback surged to its strongest level of 2020 Monday after last week’s run of data showed the U.S. economy is holding up properly, while…