Jerome 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 more
What’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…Read more
Mark 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 more
The 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 more
U.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 […]Read more