The U.S Federal Reserve has noted increasing prices of risky assets as economic recovery accelerates. Fed says valuations are also generally high. Broad equity market indexes are at record highs.…
The Federal Reserve maintained near zero interest rates and retained the pace of asset repurchases, according to the statement. The central bank acknowledged uptick in economic recovery. Fed chair Jerome…
U.S Federal Reserve is expected to keep fiscal support despite a favorable recovery outlook, according to Bloomberg. The dovish tone seeks to convey that despite the ongoing recovery, the coronavirus…
Charles Evans, Chicago Federal Reserve Bank President, expects U.S. inflation to be 2 % by 2023 and supports allowing it to rise to 2.5%, a level the Fed sees excessive,…