for the week ending April 25 are due for release at 8:30 a.m. ET, with a consensus 3.5 million new filings expected, according to Dow Jones.
Following this week's Federal Open Market Committee meeting, the Fed on Wednesday decided to maintain its current interest rate target range of between 0% and 0.25%. Concern for the state of the economy deepened Wednesday as first-quarter GDP from the Commerce Department showed theWith lockdowns ravaging economic activity and millions of Americans filing for unemployment each week, economists are bracing for a record slump in output for the second quarter.Gilead Sciences into the use of antiviral drug remdesivir
El premier dieo grasias por la banter . Muchas Gratze y Muchas Gracias por la Dia
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Treasury yields lower ahead of Fed decisionU.S. government debt prices were higher on Wednesday morning as investors await the Federal Reserve's monetary policy decision at 2 p.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »
Fed seen making small changes to keep fed funds above zeroThe Federal Reserve is widely expected on Wednesday to lift the interest rates that influence its fed funds target, a technical move that could keep interbank lending running smoothly and help prevent financial market disruption should the benchmark rate fall below zero.
Source: Reuters - 🏆 2. / 97 Read more »
Fed holds rates near zero — here's what that means for youFor everyday Americans with good credit, historically low interest rates on mortgages and credit cards can be a lifesaver. Riskier borrowers will have to look elsewhere for relief. Not a damn thing! Wait a sec - this isn't an interracial couple. Y'all messed up.
Source: CNBC - 🏆 12. / 72 Read more »
Fed leaves rates near zero, vows to use 'full range' of tools to help economyFederal Reserve policymakers on Wednesday left interest rates near zero and repeated a vow to do what it takes to shore up the economy, saying the ongoing coronavirus pandemic will 'weigh heavily' on the near-term outlook and poses 'considerable risks' for the medium term. '
Source: YahooNews - 🏆 380. / 59 Read more »