The US Will See “Quick Progress to Maximum Employment”

The US Will See “Quick Progress to Maximum Employment”

#economy #employment #Fed #VirusCasedemic “The Fed will not change its dovish policy of near Zero interest rates and bond purchases of $120-B/month”— Paul Ebeling The US economy is at an “inflection point” with expectations that growth and hiring will pick up speed in the months ahead, Fed Chairman Powell said Sunday on TV. Noting that […]

The Financial Markets Like ‘Cheap Money’

The Financial Markets Like ‘Cheap Money’

#markets #money $DIA $SPY $QQQ $RUTX $VXX The bond markets steadied, the USD fell and stocks edged ahead Wednesday as central banks from Washington to Wellington vowed to keep monetary policy loose for a long time, giving investors enough confidence to seek out riskier assets.  Fed Chairman Powell told Congress Tuesday the economy remained “a […]