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The Federal Reserve will announce a plan to taper its asset purchases in September, according to a solid majority of economists polled by Reuters who also said the U.S. jobless rate would remain above its pre-pandemic level for at least a year. Since the release last week of a strong U.S. jobs report, which showed . ....
Biden to reappoint Jerome Powell as Fed chair, say economists - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Biden to reappoint Jerome Powell as Fed chair, say economists reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Mumal Rathore 3 minute read A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo BENGALURU, July 9 (Reuters) - The Bank of Canada will taper its asset purchases again at its July 14 meeting, encouraged by robust growth prospects, according to a Reuters poll of economists who also said a spread of new COVID-19 variants was the top economic risk this year. After recording its steepest annual decline last year since quarterly data was first noted in 1961, Canada s export-driven economy was forecast to grow 6.2% on average in 2021, the July 5-8 poll of 32 economists showed, marking the fastest annual expansion since 2007. ....
4 Min Read BENGALURU (Reuters) - The Bank of Canada will taper its asset purchases again at its July 14 meeting, encouraged by robust growth prospects, according to a Reuters poll of economists who also said a spread of new COVID-19 variants was the top economic risk this year. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo After recording its steepest annual decline last year since quarterly data was first noted in 1961, Canada’s export-driven economy was forecast to grow 6.2% on average in 2021, the July 5-8 poll of 32 economists showed, marking the fastest annual expansion since 2007. ....