Den amerikanske centralbankchef har sagt, at det er “meget, meget usandsynligt”, at inflationen stiger til et problematisk niveau som i 70’erne.
Uddrag fra Fidelity/Dow Jones:
News Highlights: Top Global Markets News
Fed’s Powell Plays Down Inflation Threat
Federal Reserve Chairman Jerome Powell told lawmakers that it’s “very, very unlikely” that inflation will rise to levels seen in the 1970s, while acknowledging uncertainty as the economy reopens.
Fed Officials Stress Bond Buying Isn’t Aimed at Boosting Housing Market
The New York and San Francisco Fed chiefs say the central bank’s monetary accommodation is intended to support overall financial conditions.
Daly Says It Is Critical for Fed to Understand Risks of Climate Change
Climate change is on a path to bring “economic upheaval, boosting innovation, output, and jobs in green sectors, while reducing them in carbon-intensive ones,” the San Francisco Fed leader said.
Nasdaq Hits Record as Stocks Push Higher
Shares of consumer discretionary companies led the advance ahead of Federal Reserve Chairman Powell’s testimony.
Delta Covid-19 Variant Could Be Dominant in U.S. in Two to Three Weeks, Study Says
The Delta strain, which first emerged in India in late 2020, will probably make up 50% of Covid-19 infections in the U.S. by early to mid-July, an author of the analysis says.
U.S. Existing-Home Prices Hit Record High in May
A sharp increase in existing-home prices kept more buyers on the sidelines, contributing to the fourth straight month of declining sales of previously owned homes.