With inflation uncomfortably high and the COVID19 Delta variant raising economic concerns, a divided Federal Reserve will meet this week to discuss when and how it should dial back its ultralowinterest rate policies. For now, the U.S. economy is growing briskly in the wake of the pandemic recession, and the pace of hiring is healthy, which is why the Feds policymakers will likely move closer toward acting soon. In particular, the officials are expected to discuss the timing and mechanics of slowing their $120 billionamonth in bond purchases a pandemicera policy that is intended to keep longterm loan rates low to spur borrowing and spending.
from Top Business News- News18.com https://ift.tt/2VhYCzi
Subscribe to:
Post Comments (Atom)
-
FIFA president Gianni Infantino made it clear that international matches can be postponed to handle the escalating threat of coronavirus. ...
-
The New Orleans Saints will soon add the name of the late Sam Mills to their ring of honor in the Superdome. from Top Sports News- News18....
-
The collaboration aims to strengthen Mastercard's cloud services and other capabilities and fintech partners, sparking innovation and cr...
No comments:
Post a Comment