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December 16, 2021
While the central bank says it will wrap up its stimulus program, a bond buying, faster than originally announced. >> we are also closely monitoring the significant rise in covid-19 cases, it is sparking concerns over the fast spreading omicron variant. and were learning four major -- that all four major vaccines are providing protection but less protection against the new strain. meantime, at least four more colleges and universities being added to the list now of schools that are shifting the ...
December 15, 2021
Officials set to accelerate wind-down of stimulus program while weighing how to characterize inflation risks
December 15, 2021
Well. >> thank you for that reminder and message. well talk to you again. >> such an important point that the doctor makes there, is one, that theyre exhausted but they take this home with them. you cant separate emotionally from kwwhat happens there at th hospital and go home to your family. >> and theyre having to deal with being accosted by patients who dont believe in the treatment theyre offering them. lets move to the federal reserve. the fed says it will likely raise interest rates abov...
December 10, 2021
>> it will end up 7% for the entire year when averaged 2% over the 21 years of this new century. and, jobs openings at record levels and other things we talked about. you have the fear of inflation. the threat of inflation moving forward and i am glad we have you here today. you been warning about inflation for quite some time. >> yeah, i have been warning about inflation because two things are not unconnected. the strength of the economy is what leads us into this inflation problem. we have bee...
December 7, 2021
Officials have laid the groundwork to more quickly end a pandemic-era stimulus program at their meeting next week
November 30, 2021
Omicron variant pose downside risks to the employment and economic activity and increased uncertainty for inflation. greater concerns about the virus could reduce peoples willingness to work in-person, which would slow progress in the labor market and intensify supply chain disruptions. >> reporter: so, three main risks there. inflation, worker shortage, and the supply chain. those are the things that investors are most concerned about, but we do need to stress that these are just risks at this ...
November 30, 2021
We should retire that phrase. you see the dow, the big board. the markets initially are not liking what they are hearing. why? >> initially market down on concerns about the variant, about concerns about how effective the vaccines will be and the moderna ceo came out and said vaccines wont be quite as effective. we dont enough yet. not good and then the market took a bigger leg down on comments from jerome powell. he surprised a lot of people and said despite the variant the fed might move faste...
November 30, 2021
Strong economic growth. this did not please investors, because this stimulus program has been juicing the stock market for almost two years now but it may be coming to an end sooner than expected and alisyn and victor, whether its covid or this fed policy issue, clearly investors and the real economy are facing a lot of uncertainty right now. >> it sure sounds like it. matt egan, thank you. congresswoman marjorie taylor greene has launched a new attack on another congresswoman, and this time, ...
November 3, 2021
19 months since the launch of its economic stimulus program. the federal reserve will start to tap the brakes now and also slow down its bond purchases. but some economists fear that the inflation is now on the rise and its just too late for this. lets take a look at the big board. stocks are doing pretty well before the closing bell. up almost 100 points. stocks once again finished with a triple record on tuesday. could do that again today for the third day. cnns matt egan is here. so first, br...
October 19, 2021
In the absence of a fourth federal stimulus check, several states have come up with their own stimulus programs, such Californiaโs Golden State Stimulus program. Now, one more state is...