Fed Boss Warn Of More Risk For The Medium Term Despite Vaccine Progress
Fed Chairman Jerome Powell has spoken in Congress on Tuesday, along with Treasury Secretary Steven Mnuchin. In his prepared speech, Powell was cautiously optimistic, saying that “the recent news on the vaccine front is very positive for the medium term.” However, he stressed that “the increase in new cases of Covid-19, both at home and […]
Economic Indicators Are Falling, All Eyes On The Fed And Congress Now
Several economic indicators started to fall under these conditions, including consumer confidence at the beginning of November, spending in October, sales of credit cards and even restaurant attendance. Business focus in the United States is shifting to the Federal Reserve and the Congress once again. Prior to the November 3 election, which led to Joe […]
