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 moreMark Carney, speaking in Parliament, voiced his position on brexit
Mark Carney, Head of the Bank of England, addressed the Parliament. In his speech, he expressed support for the draft agreement with Brussels on Brexit proposed by Prime Minister Teresa Mae. Mark Carney noted that there should be a transition period between the proposed contract and the final agreement. Its duration should depend on the […]
Read moreJerome Powell gave a speech. QE program.
He said that the Fed intends to return to the policy of increasing the balance sheet of the Central Bank, which was abandoned by the regulator 5 years ago.Jerome Powell explained that what we’re talking about is not a quantitative easing program, as …
Read moreWhat’s Brexit? Consequences and outcomes of Brexit 2019
Great Britain is experiencing the worst political and economic crisis since the Second World War. What is braxitis? That’s what they call Britain’s exit from the EU. Remembering all the news on this subject, it is necessary to highlight the most imp…
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