Browsing Tag:year

powell-says-its-highly-unlikely-the-fed-will-raise-rates-this-year-despite-stronger-economy
Federal Reserve Chairman Jerome PowellKevin Lamarque | ReutersDespite its rapidly recovering economy, Fed chairman Jerome Powell reiterated the central bank's commitment on Sunday to keep monetary policy loose.That includes a near-sure statement that interest rates are going nowhere as inflation remains tame and millions of Americans continue to need help as the nation rebuilds from the damage caused...
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mental-health-professionals-are-in-high-demand-as-the-pandemic-enters-a-second-year
Coronavirus has rocked the nation with a year of restrictions, bans, missed meetings and events, isolation, and a staggering loss of more than half a million Americans. As the pandemic extends for a second year, Americans struggling with increased rates of depression, anxiety, and insomnia are seeking mental health support, and providers are working hard to keep up...
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nomura-had-stellar-financial-year-until-warning-of-potential-losses-analyst
The warning by the Japanese investment bank Nomura that losses in the billions could arise at a US subsidiary was "rather unfortunate," said an analyst on Tuesday.Nomura on Monday reported a potential loss of $ 2 billion from transactions with a customer in the United States. The bank's shares in Japan fell following the announcement, falling more than...
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what-investors-have-learned-one-year-since-the-stock-market-bottomed
Traders work on the trading floor of the New York Stock Exchange.NYSEIt's the anniversary of the great decline: what has changed? Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen testify to the House Financial Services Committee Tuesday on how the economic recovery from the Covid pandemic has developed.Investors expect Powell to stick to the script for the...
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