Den lempelige amerikanske pengepolitik fortsætter, sagde chefen for centralbanken, Powell, i går. Der sker ingen ændring, før beskæftigelsen har forbedret sig.
News Highlights: Top Global Markets News of the Day
Federal Reserve Chairman Jerome Powell reaffirmed his intention of keeping easy-money policies in place until the labor market improves much further, but provided no sign the central bank will seek to stem a recent rise in Treasury yields.
Stock Selloff Accelerates After Powell’s Comments
The S&P 500 fell more than 1% as bond yields rose in response to the Fed chairman’s comments on the economy.
U.S. National Debt Likely to Nearly Double to 202% of GDP by 2051
The U.S. economy is projected to grow 1.8% a year during the next three decades, the nonpartisan agency CBO said, raising its forecast to reflect a smaller-than-anticipated impact from the coronavirus pandemic.
Senate Advances Democrats’ Covid-19 Aid Bill
Senate Democrats advanced a $1.9 trillion coronavirus relief package after making a series of adjustments to the legislation, with approval in the chamber expected within days.
OPEC-Plus Keeps Lid on Oil Output, and Prices Rise
OPEC and a Russia-led coalition of oil producers kept most of their production cuts in place, surprising traders and sending oil prices up dramatically.