News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
FOMC eager to provide new guidance on policy in coming months
FEDERAL RESERVE SYSTEM |
inflation should stabilize and then gradually move back up over time closer to our symmetric 2 percent objective
European Central Bank |
The envelope for the pandemic emergency purchase programme (PEPP) will be increased by €600 billion to a total of €1,350 billion.
Reserve Bank of Australia |
Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.
FEDERAL RESERVE SYSTEM |
Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent.
Bloomberg |
The stronger-than-forecast May U.S. jobs report and weekend agreement by OPEC+ to a one-month extension of its record output cuts may add to the optimism about the prospects for a global economic recovery, underpinning risk assets.
Bloomberg |
Amin to supply Shell-invested Petroleum Development Oman
CNBC |
That is the sixth consecutive week of gains and a 54% jump since early April.
Reuters |
businesses returning to work and a 750 billion euro EU stimulus plan outweighed rising U.S.-China tensions.
FEDERAL RESERVE SYSTEM |
Current Economic Situation and Outlook; The Federal Reserve will continue to act forcefully, proactively, and aggressively as we deploy our toolkit