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The Federal Open Market Committee is all but certain to hold interest rates near zero at the conclusion of its two-day policy meeting on Wednesday, and repeat a vow to keep buying bonds at the current $120 billion monthly pace.
Homes England chief to step down Nick Walkley Homes England chief executive Nick Walkley has announced he will leave the agency next month. Walkley joined the then-Homes and Communities Agency as CEO in March 2017 and led it through its name change and into a period of increasing prominence within the government’s housing supply strategy. He said in a statement: “I’m very proud of what we’ve achieved and I’d like to thank my colleagues and our many industry partners for their dedication and support. My successor will find an organisation brimming with talent, purpose and heart. Home...
‘Trillion on top of a trillion’ in stimulus will push 10-year Treasury yields to 2% by year-end, top forecaster says MarketWatch 2/20/2021 FORECASTER OF THE MONTH Massive U.S. fiscal stimulus will overwhelm the crippling economic impact of the coronavirus over the next few months, says Aneta Markowska, chief economist at Jefferies and the winner—along with money market economist Tom Simons—of MarketWatch’s Forecaster of the Month contest for the second month in a row. “If you give people money, they are going to find a way to spend it,” Markowska says. Although the U.S. econom...
Click the thumbs up > Nick Harris has been appointed as Highways England’s acting chief executive, taking over from Jim O’Sullivan, when he steps down from the role. He joined Highways England in 2016 and is a civil engineer with extensive experience in delivering multi-million pound infrastructure programmes. Since joining Highways England, he has been responsible for the operation and maintenance of the network. In this role, he has overseen changes to the company’s supply chain and introduced new ways of working to improve the quality of service to road users and local communities. H...
Highways England names ‘acting’ chief executive to take reins next month Highways England’s operations director Nick Harris will step up to acting chief executive from 1 February, it has been announced. Highways England chair Dipesh Shah confirmed Hall will act as chief executive while a permanent replacement is found for Jim O’Sullivan. Harris joined the company in 2016. He is a civil engineer with extensive experience in delivering multi-million pound infrastructure programmes. Since joining Highways England in 2016, he has been responsible for the operation and maintenance of Highw...