SYDNEY (Reuters) – Asian markets on Monday held nervous as the Turkish lira plunged into a tested risk appetite, with stocks and bonds showing limited bids for safe havens. File photo: Turkish Lira Banknote Note This illustration taken on January 6, 2020. Reuters / Dado Ruvik / Illustration // File …
Read More »Show minutes Adjusting the Fed’s weight by buying adjusted bonds to provide more support to the economy ‘very soon’
During a meeting earlier this month, Federal Reserve officials took part in an extensive discussion of their asset purchase program, with some members saying they expected to implement several changes. The Fed released a few minutes from its November 4-5 policy meeting on Wednesday. Officials at that meeting voted to …
Read More »The interest rate is stable near zero
The Federal Reserve in its decision on Thursday set a short-term orrowing rate close to zero that showed the economy was growing but not as close as it was before the coronavirus epidemic hit. As per the broader expectation of the markets, the Fed kept its benchmark interest rate between …
Read More »The US outlook is sluggish; Economists say Democratic sweep best for resurgence: Reuters poll
BENGALURU (Reuters) – The outlook for the U.S. economy has dwindled in the run-up to the presidential election, according to a Reuters poll, with the recent resurgence in the novel coronavirus case posing a high risk of hindering economic recovery. File photo: On May 18, 2020, a “We Hiring” sign …
Read More »Billionaire investor Paul Tudor Jones calls Bitcoin the ‘best trade for inflation’ because the token is above 13,000. Currency News | Financial and business news
Paul Tudor Jones. Reuters / Eduardo Munoz Bitcoin will continue to rise in October as investors begin to cut tokens as a hedge of inflation, billionaire investor Paul Tudor Joan said Thursday. The world’s largest cryptocurrency has risen nearly 20% this month and recently rallied above 13,000 for the first …
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