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 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…
Read moreU.S. Federal Reserve Board Meeting (12-13 December 2017)
The Committee on Open Market Operations of the US Federal Reserve decided to raise the rate to 1.25-1.50 percent following the results of the meeting held within two days. It coincided with the forecast of the vast majority of analysts and economists. However, the decision was not unanimous. Charles Evans and Neil Kashkari voted against […]
Read moreThe head of the Bank of England, Mark Carney, gave an interview to the TV channel
Mark Carney, Head of the Central Bank of England, gave an interview to ITV. He noted that MPs and entrepreneurs in both the UK and Europe recognize the important role of the transition period. It will help to mitigate the consequences of Brexit and conclude a full-fledged trade agreement. Mark Carney also stressed that the […]
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