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Next Week News

This is a discussion on Next Week News within the Analytics and News forums, part of the Trading Forum category; In a widely anticipated move, Federal Reserve Chair Jerome Powell on Tuesday told members of the Senate Banking Committee the ...

      
   
  1. #271
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    Fed's Powell Reiterates Policy To Remain Unchanged For 'Some Time'

    In a widely anticipated move, Federal Reserve Chair Jerome Powell on Tuesday told members of the Senate Banking Committee the central bank is likely to maintain ultra-easy monetary policy for the foreseeable future.

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  2. #272
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    Economy Expanded Modestly

    A Federal Reserve report known as the Beige Book was released Wednesday and said economic activity expanded modestly from January to mid-February for most Fed districts. The Beige Book, a compilation of economic evidence from the twelve Fed districts, also said most businesses remain optimistic regarding the outlook for the next 6-12 months as COVID-19 vaccines become more widely distributed.

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  3. #273
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    OECD Lifts Global Growth Forecast To 5.6%

    The global economy is set to grow at a faster pace this year than projected earlier due to an accelerated roll-out of vaccinations against the coronavirus and a better outlook for the U.S. on the back of a huge stimulus boost, the Organization for Economic Co-operation and Development said Tuesday.

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  4. #274
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    Fed Still Sees No Rate Moves Until 2023

    The Fedís latest outlook looks quite rosy, predicting strong GDP growth, falling unemployment, and inflation getting back to its 2% goal. At the same time, it doesnít see any need to raise rates until 2023, but some officials warm to 2022.

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  5. #275
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    IMF Lifts Global Growth Forecasts Despite High Uncertainty

    The International Monetary Fund raised the global growth forecasts on Tuesday amid high uncertainty and warned of divergent impacts from the Covid-19 pandemic such as sharply rising income inequality.

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