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 told me about the influence of Brexit on the pound
In his speech, the Head of the Bank of England noted that the British pound is currently demonstrating high volatility. This is due to the high degree of uncertainty caused by Brexit. Mark Carney warned that this situation in the foreign exchange mar…
Read moreThe European Union is ready to grant a deferral on Brexit
Brexit-related events have developed rapidly in the last month. Boris Johnson did manage to make changes to the terms of the deal and agree them with Brussels. But that’s where his “victories” ended. He did not receive the necessary approval of the a…
Read moreU.S. Federal Reserve Board meeting. Interest rates have been maintained at the same level.
The next Fed meeting ended as expected by the overwhelming majority of analysts. Interest rates were maintained at the current level of 2-2.25 per cent. The overall assessment of the U.S. economy has not changed much since the September meeting. The statement notes the improvement of the situation in the country’s labor market and a […]
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