economy

  1. fullertonmarkets

    Fed Promised to Keep Supporting Economy Until Substantial Recovery Has Been Made

    Last Wednesday, the Federal Reserve officials concluded one of the most active years in the central bank’s history, as it put final touches on their plans to support the economy for longer than they have following prior downturns. Fed officials slashed their short-term interest rate to near...
  2. syamfx2020

    Covid-19 Second Wave: What does it mean to the economy?

    vid "We never made it out of the first wave," said Dr David Weber, medical director of hospital epidemiology at the University of North Carolina Medical Center. "A second wave implies that the first wave has disappeared and reappeared," said Loren Lipworth, an epidemiologist at Vanderbilt...
  3. syamfx2020

    China retail sales declined; while factory output rises in May

    China retail sales fell for a fourth straight month as shops, restaurants and other crowded places closed during the pandemic. Meanwhile, the industrial production data improved in last month. The National Bureau of Statistics said on Monday that industrial output in May expanded by 4.4%, a rise...
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