To prevent the emerging recession in the US economy, the Federal Reserve may in the future resort to measures of quantitative easing, Bloomberg writes, referring to the views of investment managers of bond funds. So, Jeanne Tannuzzo from Columbia Threadneedle expects the Fed to resume buying bonds in 2020. Thomas Atteberry of First Pacific Advisors is also expecting a return to the policy of quantitative easing, since, in his opinion, the recession in the US will come in one or two years. In 2020, the Fed may lower rates, traders that trade in short-term bonds believe. As stated in February by the President of the Federal Reserve Bank of San Francisco, Mary Daly, the next slowdown in US GDP growth may prompt the Fed to resort to faster purchases of assets.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
On Wednesday, European stocks rose slightly after mixed earnings reports. However, the new wave of the coronavirus outbreak kept investors cautious while they also wait for the U.S. Federal Reserve’s announcement. The Stoxx Europe 600 ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...