The head of the United States Fed, Jerome Powell, gave a speech
Jerome Powell assessed the past year and outlined his vision for 2019. According to him, 2018 was mostly a good year for the American economy. Fundamental indicators and a strong labour market confirm this. The Head of the Fed Reserve does not see any signs of a possible recession in the near future. The duties […]
Read moreU.S. Federal Reserve Board Meeting (17-18 September 2019)
Federal Reserve held a regular meeting at which it wasThe decision to reduce the interest rate on0.25 percentage points. Now it’s 1.75%-2%. There was no decision.unanimous. Three out of 10 participants did not agree with the decision.They voted again…
Read moreAddress by Philip Lowe, Head of RBA (24.09.2019)
The economy has managed to overcome the period of weakening and now it can turn in the direction of growth. To a certain extent, this will depend on the dynamics of household expenditures. They’ve recently been reimbursed their taxes. This means that…
Read moreMinutes of the meeting of the Federal Reserve System of the United States
The U.S. Federal Reserve has released the minutes of the last meeting. It took place in July. As the document shows, members of the Governing Board discussed the possible resumption of the asset purchase programme. This will be based on previous expe…
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