Page 27 - கூட்டாட்சியின் இருப்பு தலைவர் ஜெரோம் போவல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inflation causes some concern among Manistee businesses

Inflation causes some concern among Manistee businesses
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Fed Chairman Doesn t Expect Delta Variant to Impact Economy

Fed Chairman Doesn’t Expect Delta Variant to Impact Economy Federal Reserve Chairman Jerome Powell said in a news conference on July 28 that he does not see the Delta variant of the CCP virus as a major threat to the U.S. economy. “What we’ve seen is with successive waves of COVID over the past year and some months now,” Powell said at a news conference, “there has tended to be less in the way of economic implications from each wave. We will see whether that is the case with the Delta variety, but it’s certainly not an unreasonable expectation.”

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METALS-London copper rises on soft dollar as Fed in no hurry to taper

(Updates prices) July 29 (Reuters) - London copper prices rose on Thursday as the dollar weakened after Federal Reserve Chairman Jerome Powell said rate increases were distant, making greenback-priced metals cheaper to holders of other currencies. The dollar slipped to multi-week lows in Asian trading on Thursday. Three-month copper on the London Metal Exchange rose 0.9% to $9,776.50 a tonne by 0711 GMT, while the most-traded September copper contract on the Shanghai Futures Exchange closed 0.7% lower at 71,610 yuan ($11,066.64) a tonne, tracking overnight losses in London. However, physical demand in top consumer China is yet to improve strongly. “Investment is still the main factor (to watch) as exports meet the limit of capacity and transportation,” said a China-based trader, referring to the high freight costs due to the pandemic.

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U S Stocks Higher on Dovish Fed and Solid Earnings; Facebook Slides

U S Stocks Higher on Dovish Fed and Solid Earnings; Facebook Slides
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Nearly 6 in 10 Americans blame Biden s policies for inflation spike: Poll

Nearly 6 in 10 Americans blame Biden s policies for inflation spike: Poll
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