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U.S. Federal Reserve Meeting Minutes: Dec. 16 (Text)


U.S. Federal Reserve Meeting Minutes: Dec. 16 (Text)
Bloomberg
1/6/2021
© Bloomberg
The Marriner S. Eccles Federal Reserve building in Washington, D.C.
(Bloomberg) Following are the minutes of the Federal Reserve‘s Open Market Committee meeting on Dec. 16:
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Developments in Financial Markets and Open Market Operations
The manager of the System Open Market Account (SOMA) turned first to a discussion of financial market developments. Market sentiment improved over the period, as reduced uncertainty related to the U.S. election and positive vaccine news outweighed the anticipated effect of the ongoing surge in the pandemic. U.S. equity price indexes reached all-time highs, with the largest gains registered in sectors that have underperformed during the pandemic. Corporate credit spreads tightened, most notably among lower-rated firms and in sectors most affected by social distancing measures resulting from the pandemic. Longer ....

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FACTBOX 12/22/20: Latin America moves to mitigate impact of COVID-19


Argentina is issuing updates here on government measures taken against the coronavirus.
March 10: The government created a ARS1.7 billion ($26 million) fund to buy equipment and medical supplies to combat coronavirus.
March 17: The government announced it was increasing funding to its meal programs to secure food and income for the most vulnerable during the pandemic.
March 17: The government announced that it would be excepting companies from payroll taxes and reinforcing unemployment insurance.
March 20: The government set price control on a basket of basic food items to avoid speculative pricing during the pandemic.
March 23: The government created an emergency family income program. Unemployed individuals would receive ARS10,000 ($151) during the month of April. ....

United States , France General , United Kingdom , Minas Gerais , Espirito Santo , Estado De Pernambuco , New York , Saint Lucia , Trinidad And Tobago , Saint Vincent And The Grenadines , El Salvador , T Ai Pei , Costa Rica , Dominican Republic , Federal District , Distrito Federal , Costa Rican , Saint Vincent , Great Britain , Roberto Campos Neto , Agence Fran , Hondura Banco Ficohsa , Nigel Clarke , Rica Carlos Alvarado Quesada , Caja Los , Waldery Rodrigues ,

FACTBOX 12/17/20: Latin America moves to mitigate impact of COVID-19


Argentina is issuing updates here on government measures taken against the coronavirus.
March 10: The government created a ARS1.7 billion ($26 million) fund to buy equipment and medical supplies to combat coronavirus.
March 17: The government announced it was increasing funding to its meal programs to secure food and income for the most vulnerable during the pandemic.
March 17: The government announced that it would be excepting companies from payroll taxes and reinforcing unemployment insurance.
March 20: The government set price control on a basket of basic food items to avoid speculative pricing during the pandemic.
March 23: The government created an emergency family income program. Unemployed individuals would receive ARS10,000 ($151) during the month of April. ....

United States , France General , United Kingdom , Minas Gerais , Espirito Santo , Estado De Pernambuco , New York , Saint Lucia , Trinidad And Tobago , Saint Vincent And The Grenadines , El Salvador , T Ai Pei , Costa Rica , Dominican Republic , Federal District , Distrito Federal , Costa Rican , Saint Vincent , Great Britain , Roberto Campos Neto , Agence Fran , Hondura Banco Ficohsa , Nigel Clarke , Rica Carlos Alvarado Quesada , Caja Los , Waldery Rodrigues ,