Brexit uncertainty kept the Pound within the same range – GBP/USD Market Outlook – 20/10/2020
Positive Brexit headlines earlier yesterday pushed the pound to the 1.3010/20 [...]
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FED highlights the need for new policies
FED's one official said that, the governments and the central bankers should implement new policies in their attempts to safeguard their economies from low-interest rates which could create worse recessions that may be hard to comprehend.
FED focuses on proper management
John Williams, San Francisco's FED President, said that the governments' spending schemes, the higher targets on inflation, education, research, and investment are issues that need careful management and a lot of concentration.
Without adjusting or changing the above topics, in terms of management, the policymakers will face considerable difficulties, Williams warned.
Moreover, Mr. John Williams emphasized that, the central banks do not have enough time for cutting rates as a mean of responding to an economic crisis where both inflation and natural rates will be at very low levels.
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Tuesday, 16 Aug, 2016 / 8:40
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DOW fell ahead of stimulus bill deadline – DOW JONES Market Outlook – 20/10/2020
The Dow hit our support target at 28750 only to end yesterday’s session [...]
Cautious optimism as US stimulus and Brexit talks hang in the balance
Pelosi sets new deadline for reaching fiscal stimulus deal; US [...]
