Shares were up modestly on Friday, with the Dow Jones Industrial Average hitting its 2020 low and the S&P 500 index on another record near track, as investors outperformed U.S. consumer spending and confidence data a day after the Federal Reserve announced a policy shift. Checked. It will allow employment …
Read More »The Fed’s balance sheet shrinks further, and there are still no Main Street loans
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, USA, on March 19, 2019. REUTERS / Leah Millis (Reuters) – The massive reserve of bonds and other assets of the US Federal Reserve fell for the third consecutive week to its smallest size since mid-May, …
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