Monetary Policy – Invest Chronicle

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U.S. Indices Closed In Spread Order After Fed Reaffirmed The Support

The New York Stock Exchange ended in a spread order on Wednesday after a volatile day with the Nasdaq setting a new record high, while the S&P 500 is close to its own. The Fed reaffirmed its intention to continue its long-term support in the evening and was more hopeful about a rebound in 2021, considering a few tough months ahead of the coronavirus vaccination campaign. Markets are also in hopes that an agreement on a new $900 billion funding package to resolve the coronavirus pandemic will be immediately announced by U.S. Congress. The Dow Jones index finally gave up

Market Activity

Investors Appreciated Return Of The “Dove” As Janet Yellen Officially Announced As Treasury Secretary

So since Monday, it has been official. Janet Yellen, the former chair of the U.S. Federal Reserve, has been appointed Treasury Secretary by Joe Biden. She will take over from Steven Mnuchin when the new White House administration assumes office on January 20. The 74-year-old economist who graduated from the universities of Brown and Yale was the first woman to head the Fed, which she chaired from February 2014 to February 2018, and became the first female Secretary of the Treasury. The Senate, which is likely to remain under Republican influence, will be asked to vote on her nomination by

Tag: Monetary Policy

U.S. Indices Closed In Spread Order After Fed Reaffirmed The Support

Investors Appreciated Return Of The “Dove” As Janet Yellen Officially Announced As Treasury Secretary

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