Yields retreated overnight from the week's highs, which were caused by the Fed's pledge to keep interest rates near zero for years. The central bank also upgraded its economic forecasts, projecting a smaller decline in GDP and a lower unemployment rate in 2020.
However, Fed Chairman Jerome Powell also warned that parts of the U.S. economy will continue to struggle unless lawmakers make progress with a fresh round of fiscal stimulus, with Republicans and Democrats thus far unable to broker a deal on Capitol Hill. Focus on Thursday will shift to last week's jobless claims figures for further indication of the health of the labor market recovery. Published at 8:30 a.m. ET, new unemployment filings are expected to come in at 850,000, according to a Reuters poll of economists, after 884,000 claims were registered the previous week.
The real threat is democrats , unfortunately the party has lost its mind along with so many other individuals. Smh
FireJimCramerNow FireJimCramer BoycottCNBC
Free money until 2023!!! Yippee yay ya.
FireCramer FireJimCramer
CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL OpenLearning Ltd ASX:OLL Has partnered with some of the major universities. Partnerships that could become the cornerstone of a much bigger arrangement.
Motley fool article on OpenLearning=ASX$OLL🚀
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »