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Federal Reserve Could Dial Back on Mortgage Bonds

COVID-19 Bulletin (06/09/21) - D Magazine

COVID-19 Bulletin (06/09/21) Texas is poised for banner job gains after pandemic. Abbott signs bill to punish businesses that require the COVID-19 vaccine. By Will Maddox Published in Healthcare Business June 8, 2021 11:00 pm 103 new COVID-19 cases and four deaths on Tuesday. North Texas lost 122,000 jobs during the pandemic, but the region is poised for a big year of hiring. The Dallas Federal Reserve Bank predicts that Texas will add 816,000 new jobs between December 2020 and 2021. Learn more with the Dallas Morning News. Governor Greg Abbott signed a bill to punish businesses that require proof of vaccination, KERA reports. The bill says the businesses could lose state contracts and be denied licenses from the state should they require vaccination.

Futures Point To Higher Open For Wall Street

US Dollar Index consolidates Friday s gains around 90 00

May 24, 2021 08:01 GMTFXStreet News DXY refreshes intraday low, fades bounce off early January low. Market sentiment dwindles amid a quiet session, US 10-years Treasury yields drop. Fedspeak, Chicago Fed National Activity Index eyed for fresh impulse. US dollar index (DXY) fails to extend Friday’s bounce off 4.5-month low, refreshing intraday bottom with 89.97 level, as European traders prepare for Monday’s bell. The greenback gauge jumped during late Friday amid tapering concerns. Though, a lack of major directives afterward weighs on the US Treasury yields and greenback by the press time. Strong PMIs for May keep reflation fears on the table, which in turn pushed Atlanta Federal Reserve President Raphael Bostic and Philadelphia Fed President Patrick Harker to join Dallas Federal Reserve Bank President Robert Kaplan and back the need for tapering talks.

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