A sweeping $1.9 trillion COVID-19 relief bill that gives President Joe Biden his first major victory in office.
Fed chair says there’s a lot left to do before economy healed; Treasury prices slip and yields rise in response to comments
Scale of Biden’s $1.9 trillion proposal dwarfs 2009 rescue
Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond
Inflation averages 2 percent; Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
The interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively.
The overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
OPEC is Doing it Again: The $56 Mark
For bold investment was needed to jump-start the economy and accelerate the distribution of vaccines to bring the coronavirus under control.
U.S. stocks are closing 2020 on a strong note, We are going to continue to see a push higher