Tag: Feds

BloombergOctober 21, 2020

(Bloomberg) — Federal Reserve Governor Lael Brainard said a failure by Congress to reach an agreement on further support for the economy is the biggest risk to the outlook aside from the coronavirus itself. “Premature withdrawal of fiscal support would risk allowing recessionary dynamics to become entrenched, holding back employment and spending,” said Brainard, viewed […]

ReutersOctober 20, 2020

By Jonnelle Marte (Reuters) – The Federal Reserve’s actions to unfreeze credit markets had a significant effect on the corporate bond market, despite a small footprint, and the central bank would take a flexible approach to providing more support if needed, a senior New York Fed official said on Tuesday. The announcement in March that […]

BloombergOctober 16, 2020

© Bloomberg. James Bullard Photographer: Eric Thayer/Bloomberg (Bloomberg) — The U.S. labor market is likely to bounce back quickly as more temporarily furloughed workers return to jobs and the coronavirus pandemic comes under control, said Federal Reserve Bank of St. Louis President James Bullard. “It’s very different labor market dynamics than what you are used […]

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