Ed Fedthe Fed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Well, i guess we're going to stick to our schedule of very gradual increases in output from the emergency cuts we made following the pandemic. so they are basically not helping us out at all. and we've played our card. and then once this is released in 180 days, then we have really very little additional dry powder to affect the market if we face something then. i guess fortunately or unfortunately, there's a lockdown in the third largest city on earth, in shanghai, and so that's affecting the oil market. >> right. >> but that's not a good thing either. >> one hopes at least it puts spr releas...

Looking at markets around the world to start the trading week, you can see asian shares have closed higher. europe has opened a little bit higher and stock index futures are barely leaning up on wall street. u.s. stocks rose slightly on friday, recovering from the first worst quarter in two years following a strong jobs report. the u.s. economy added 431,000 jobs in march. the unemployment rate fell to 3.6%. that marks a new pandemic low. wages also jumped up 5.6% from a year ago. it's great for workers, but also it is an inflation signal, something the fed reserve is watching closely. ed fedt...