Page 41 - பொருளாதார சங்கம் ஆஃப் வாஷிங்டன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Powell: QE taper likely well before interest rate increase

By Reuters Staff 1 Min Read WASHINGTON, April 14 (Reuters) - The Federal Reserve will reduce its bond purchases before it commits to an interest rate increase, Fed chair Jerome Powell said on Wednesday. “We will reach the time at which we will taper asset purchases when we have made substantial further progress towards our goals from last December,” Powell said in comments to the Economic Club of Washington. “That would in all likelihood be before, well before, the time we would consider raising interest rates. We have not voted on that order but that is the sense of the guidance.” A decision on whether the balance sheet would subsequently be allowed to shrink has not been made yet, Powell said. (Reporting by Howard Schneider Editing by Chizu Nomiyama)

United statesJerome powellChizu nomiyamaThomson reuters trust principlesEconomic club of washingtonFederal reserveEconomic clubHoward schneider editingThomson reuters trustFed powell urgentCentral banks bank eventsCorona virusDebt fixed income marketsUs federal reserveGeneral newsNational government debt

GLOBAL MARKETS-World stocks hit record high as bond yields ease

GLOBAL MARKETS-World stocks hit record high as bond yields ease Reuters 2 hrs ago Popular Searches Bitcoin hits record high, dollar weakens By Kevin Buckland TOKYO, April 14 (Reuters) - Global stock markets rose to a record high on Wednesday as bond yields eased after data showed U.S. inflation was not rising wildly as the economy reopens. Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong s Hang Seng leading gains in the region, while benchmark U.S. Treasury yields continued their decline, marking a fresh three-week low. S&P 500 futures pointed to a further 0.1% rise. Japan bucked the trend, with the Nikkei falling 0.3% as rising coronavirus cases raised doubts about its economic recovery with 100 days to go until Tokyo is scheduled to host the Olympics.

United statesUnited kingdomJerome powellKevin bucklandKim coghillMichael mccarthyEconomic club of washingtonGoldman sachs group incMicrosoft corpFederal reserveJpmorgan chase coApple incWall streetHong kongHang sengEuro stoxx

Stocks are mixed as earnings roll in; yields rise - Article

Stocks are mixed as earnings roll in; yields rise - Article
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesUnited kingdomWhite houseDistrict of columbiaJerome powellMellon lockwoodStoxx europeCoinbase global incEconomic club of washingtonGoldman sachs group incCredit suisse groupJpmorgan chase coModerna incDiscovery incSachs group

U S futures edge higher with stocks on earnings

U S futures edge higher with stocks on earnings
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomWhite houseDistrict of columbiaCity ofJerome powellEmily rolandStoxx europeCoinbase global incMorgan stanleyEconomic club of washingtonGoldman sachs group incCredit suisse groupAmerica corpJpmorgan chase coModerna inc

Wall Street set to open higher as JPMorgan, Goldman kick off bank earnings

U.S. stock indexes rose on Wednesday after upbeat earnings reports from Goldman Sachs and JPMorgan boosted investor expectations of a strong rebound for corporate America amid swift COVID-19 vaccinations.

United statesNew jerseyNew vernonJerome powellRick mecklerDonald trumpShreyashi sanyalShivani kumaresanMaju samuelCoinbase global incThomson reuters trust principlesEconomic club of washingtonGoldman sachs group incMicrosoft corpGoldman sachsFederal reserve