Today is a truly historic day in Fed history – one that will have a transformative effect on US monetary policy for the foreseeable future. Read the news: For decades, the main task of central banks was to keep inflation down. The Fed has now effectively changed that policy, to …
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ISTANBUL (Reuters) – Turkey announced its largest ever natural gas discovery on Friday, a 320 billion cubic meter (11.3 trillion cubic feet) Black Sea field, which President Tayyip Erdogan said was part of even larger reserves and could thus coming soon as 2023 streaming. Turkish President Tayyip Erdogan addresses the …
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(Reuters) – A record-breaking share in a pandemic may not seem to be reaching, but President St. Bull Federal Reserve James Bullard says Wall Street is doing well and he expects the United States to do better than many forecasters expect as businesses and households learn to manage the risks …
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The US Federal Reserve will have to deal with a delicate balancing act if it opts for a more relaxed view of inflation, according to a former Federal Reserve governor. It comes as market participants look ahead to the final meeting minutes of the Fed, amid intense speculation the central …
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The numbers: The cost of many goods and services such as gas, cars, clothing and aircraft elevation rose in July in a rebound of pandemic lows, but inflation is still barely visible in the wake of a recession caused by coronavirus, which putting the demand too much into the whole …
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