Mounted police officers sit outside the Royal Exchange and the Bank of England in London on June 17, 2020. Tolga Ekman | AFP by Getty Images LONDON – The Bank of England on Thursday kept interest rates unchanged and maintained its current asset purchase levels, but warned that the outlook …
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Jerome Powell, chairman of the US Federal Reserve, speaks at a news conference after the Federal Open Market Committee (FOMC) meeting in Washington on February 29, 2020. Andrew Herrer | Bloomberg | Getty Images The Fed doesn’t expect inflation to rise for years, and is willing to keep rates at …
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Snowflake, backed by billionaire investors, said it would raise $ 3.4 billion in the largest software IPO ever, valued at $ 33 billion. The cloud-data platform will sell 28 million shares of one million 120 million pieces. Snowflake plans to list on the New York Stock Exchange under the ticker …
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Federal Reserve Chair Jerome H. Powell during a speech in Washington DC on March 3, 2020. Mark Makela / Getty Images In the first CNBC Fed survey since the Federal Reserve announced its new, more hostile monetary policy, respondents now predict no rate hike from the central bank until 2023. …
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On the early morning of July 29, 2020, a person eats a fasting meal on a chair placed outside a rest outside Runt in Hong Kong’s Kowloon-side Sham Shui Po district, as new social distance measures have been implemented, allowing only rest restaurants rent. To combat a new wave of …
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