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Fed s Barkin: Fundamental challenge for US growth is how to increase workforce

Fed s Barkin: Fundamental challenge for US growth is how to increase workforce
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Gold Price Analysis: XAU/USD bears seek further clarity around $1,850

Jan 12, 2021 00:37 GMTFXStreet News Gold struggles to keep corrective pullback from six-week low. US politics, virus woes battle fiscal relief hopes, Fed policymakers sound cautiously optimistic. Lack of major data/events highlights risk moves as the main catalysts. Gold prices consolidate while picking up the bids near $1,848 during the initial Asian trading on Tuesday. Although US dollar gains weigh on the yellow metal, bears remain cautious amid hopes of US stimulus and a jump in global vaccinations. It should, however, be noted that the immediate moves have been directionless amid a light calendar and no major updates from the American politics and coronavirus (COVID-19).

Stocks pop despite Capitol chaos as Biden s win certified | Business

Stocks pop despite Capitol chaos as Biden s win certified | Business
breezejmu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from breezejmu.org Daily Mail and Mail on Sunday newspapers.

Fed s Barkin: Disinflationary forces still holding down prices

1/7/2021 2:44:32 PM GMT | By Eren Sengezer A broad enough rollout of the coronavirus vaccine is not likely to arrive until this summer, Richmond Federal Reserve President Thomas Barkin said on Thursday, as reported by Reuters. Additional takeaways Results of Congressional races likely to allow more support for least fortunate but constraints still on more ambitious programs. Still seeing disinflationary forces holding down prices. Expecting second half of 2021 to be robust between business and consumer spending, though neither is likely to go crazy. The first half of the year is likely to be slow but with limited downside given household savings and government transfers.

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