Federal Reserve to taper bond buying in fourth quarter: Economists
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Last Updated: Apr 26, 2021, 04:27 PM IST
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In the survey, about 45% of the economists expect the Federal Open Market Committee to announce tapering in the fourth quarter with 14% seeing that happening in the preceding three months.
Reuters
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By Steve Matthews and Sarina Yoo
The Federal Reserve is expected to begin trimming its $120 billion in monthly asset purchases before the end of the year as the U.S. economy recovers strongly from Covid-19, according to economists surveyed by Bloomberg.
That’s a bit earlier than forecast in the March survey but leaves Fed asset purchases untouched for several more months, with the first interest-rate increase still not expected until 2023. In contrast, the Bank of Canada said last week it would scale back its purchases of government debt and accelerate the timetable for a possible rate increase, though the European Central Bank meeting on Ap
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Apple’s decision Monday to add nearly 4,000 jobs in greater San Diego through 2026 is likely to be a boon for the county’s universities, which produce the kind of software and hardware engineers the famed company badly needs.
To differing degrees, the schools also focus on the areas where Apple says it needs research assistance: wireless technology, 5G, artificial intelligence, silicon engineering and cybersecurity.
The county’s five major universities serve more than 15,000 engineering and computer science students, and have corporate partnerships with such companies as Northrop Grumman, Boeing, SDGE and Qualcomm.
About 9,200 of those students are at UC San Diego’s Jacobs School of Engineering, the largest program of its kind on the West Coast. And it’s about to get bigger. The school is constructing two large research buildings, one which was heavily shaped by faculty member Don Norman, a former research executive at Apple.
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Intelligent.com Announces Best Online Masters In Organizational Leadership Degree Programs for 2021
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Degree holders gain increased earning potential with career opportunities upon graduation from these top ranked online programs. SEATTLE (PRWEB) April 21, 2021 Intelligent.com, a trusted resource for online degree rankings and higher education planning, has announced the top online programs for 2021. The comprehensive research guide is based on an assessment of 1,280 accredited colleges and universities in the nation. Each program is evaluated based on curriculum quality, graduation rate, reputation, and post-graduate employment. The methodology also uses an algorithm which collects and analyzes multiple rankings into one score to easily compare each school.